I have applied standard deviation levels for this week. each level will act as a high confluence area. There will be the high chance of reversal around RED lines. price will not survive/sustain below or above the RED lines. Please be careful whenever the price comes near the red line. Price can be reversed anytime from here.
Very strong standard deviation levels for BNF. only to support everyone. whenever 15 mins candle cross above or below the given levels then it will mostly touches the next given levels. observe this analysis and share your observation too. simple and easy setup.
BNF is trading between one wide channel. You have to pay attention on both short term & long term trend. positional trade can be taken after seen candle stick pattern near by area around trend line. 36604 will be the major resistance if BNF will cross then trend line will be the next major resistance.
Bank nifty can move till 36604. fibonacci level of 0.6 is 36604 & one tend line also passing at the same level.