BNF broke out of a trend line after multiple attempts but is still inside the long term channel. Took a good support of 34000 zone and bounced well at the end. Overall not as strong as NF.
Sorry for not posting Friday analysis due to some time constraints. Please follow the zones, levels and channel.
Only Trade after Retests of the above or below zones or the trendline, after the gap. Dont Jump in early.
Bank Nifty Hourly analysis with Perfect zones, Just go trade and enjoy, kindly give a like if u earn out of it.
BANKNIFTY is tending to upside due to taken 0.618 retracement from top side High Probability Trade is upside And Good momentum is expect. Harmonic Acivate Above My Level All Level given in Chart. (My point Of View)
It felt fulfilling to pick BNF moves in the last two ideas in this series. please refer to the related ideas part for the same after testing the unfilled GAP zone what are the possibilities? BNF may fill the GAP as it doesn't make sense to come so close to an unfilled GAP and don't fill it. once it fills the GAP, then it would be very near to 0.618 retracement...