Hello sir , upto what level can we expect it to retrace ? I've seen that it is taking a good support at 410-411 Rs. and bouncing back. can it go below 400 ? I have to take new positions but I'm waiting for the right entry point.
Thanks in advance.
Prabhualgan
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@MrKartik, Hi, sorry for the late reply. if price rejects again tomorrow @ 408 then it should retrace to 392.
MrKartik
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@Prabhualgan, No issues sir. I'll wait for the right entry point. I think Bank Nifty and Nifty will face correction till this expiry. After the correction , I'll buy .
Thankyou so much sir. ☺️
Thanks in advance.