As per fibo 0.68 level may take a support or near 0.78 level approx 46190 may take support and further rally will start. Now correction pending till that level.
Bank nifty on daily time frame making HH,HL but in smaller time frame it's still bearish....... Trade cautiously.......
Chart pattern shows downfall expected. Sell on rise strategy to be applied....................
Pull back trade for 11/02/2022.....................
Pull back required. Now selling at top. ,.........
Buying view still 37590 not closed. Major fall happened now pull back time. Selling toh top par banega 38440 around.
As per fibo looks down side in short term. In higher time frame still under bulls control.
Looks for 15% gain....