Nifty moving towards camarilla S4 support level, it last area of buyer trying to push price upside. If price could not sestem there level, price could fall ⏩. I if reversal could happen it would be v shape Recovery or duble bottom Pattern.
Nifty forming Head and shoulders patarm, but Bank nifty looks like weak,
Reliance at previous low, of price cross previous two day hight, than we can see up move, Target previous hight level.
Nifty has a support area and fibbonci retransmit .38 level
Nifty at important resistance from downside trandline. If take resistance from level target seen on chart.
Level are provided by fibbonci at last Swing retrancement and extended it will hellfil , as today market open with flat level.
Bank nifty contiguouly move in upside in channel. take a Trade what price action you see in Monday. If Monday market open in upside than you can go long and target 1 - 39415 after target tich it will touch privious hight and some corrections will happen, Or Market open down takes short trade if price break channel. First target will 38350 and it level of fibbo 0.618