Banknifty support & resistance for 04-Oct-22 based on my experience. This information is ONLY for EDUCATIONAL purpose. Please consult your financial advisor for any trading/investments.
NIFTY EXTENTION @ 18219 1st point 16848 till 2nd point 15690 channel still intact breakout of channel soon...nifty to retest 18400 levels...
HDFC retraced after a pull back to 38.1% fibo level on weekly charts. Harmonic Shark pattern is forming on weekly charts as well. IF rebounds from current levels, tgt1 will be the control price of the value area and after that 38.1% level. All the levels are mentioned in the chart. If it breaks this support on closing basis, possible tgt is 1.13 ratio of Shark...