Banknifty_Spot: CMP 30024 immediate resistance at 30225. No trading zone is 29900 - 30224. Small profit-booking expected between this zone..Bulls will restore only above 30224 for the Target of 30550. Bears will gain control below 29897 for the Target of 29550
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60 Min Chart with Fibonacci Cluster setup suggests some important levels as a confluence zone is 1320-1359-1396-1511.
Stoploss for my long trade is just below 1236
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