final bull rally of bank will continue to this level.
meets the monthly resistance at that point.
plus 1.618 fib extension.
banks will continue their rally till there so swing trades can be initiated in banks.
the idea is terminated if there is a drop and base formation under the respective channel drawn
happy trading .
build longs at the demand levels or if it sustains above the fibonacci projection level of 0.886 targetting 1.272 level
looking to breakout very soon
wait for the pullback to the moving averages in the smaller timeframe or the breakout point