important ket lavels for banknifty = support near 39200/39000/38800 = resistance near 39500/39800/40000 LAVELS FOR ONLY EDUCATION PURPOSE
Based on this traingle and the previous levels there could be a possible long setup till 56k then we may see a retracement to the line just below it . Just my thought DYOR THANKS
Buy at CMP. Target in the range of 460-470 SL : 441
20161118 Nifty: 8074 Support 8045 Resistance: 8130 above which we can expect 8350 to 8500 Support 8045 Stop loss. A 0.618 retracement level is crossed already, The next value .5 of the total Bull Run from the 6825 bottom to 8969 top, is around 7900 which also matching with a strong support Zone blue line mark. Market can go further down, as the indicators, the...