Today BankNifty 16 December 2020 Future Analysis
Banknifty in parallelchannel
Banknifty Future Uptrend up to 30584
Banknifty is in uptrend. I think Banknifty increase from 20th November to 24th November(30562 to 29300) Banknifty Continuously 3 days increasing and next day(4th day) falling. Falling will be 0.6 Fib retracement. I think 25th November banknifty will be fall from 30615 to 29300. Banknifty moving in Channel Pattern.