spvijay

Confluence zone in Banknifty

spvijay Updated   
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Change of polarity zone coincides with 61.8% retracement level for the swing under consideration. Hence this zone acts as strong support. Current price action may test this support zone.
Comment:
Price reach change of polarity level which acts as support

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