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Tuesday Fib Levels_13_12_22The Fib Levels for Nifty and Banknifty is listed for 13-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. How Does This Work> The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTY
by SathishChandrasekaran
1
Banknifty Rannge 43150-43600 Bull/BearBanknifty Rannge 43150-43600 Bull/Bear banknifty expect a bulish start from 43500 phycological level Key Points of Bulish Sign 1 Rising Wedge Pattern 2 USD-INR in down trend 3 50% FIb Retracement exactly from 43200 4 FII Index Fut sales- (-526.09 ) FII Index Opt Net Purchase - 8,088.83 FIi Activity data looks they like to interest in current situation to not hold the investment so current market definately high 5 Already meet the previous lower level 43100 6 withdrawl from cash market negetive impact on stock and positive impact on index 7 most Oi stand in the Call side at 43500 & 43600 so its provide a sharp Resistance so market will start from here probability to hit thier SL and then down as per rule of Rising Wedge Pattern Other point to be keep in mind 1 How Global market Opening 2 How SGX NIfty Opening all points is positive sign but still there is a chance to get down for taking the favorable support. Hope your Best Trade Thanking You Please follow my channel for beautiful analysis in one chart and live chart analys live chart pattern analysis
NSE:BANKNIFTYLong
by dasarijit245