The current Bank Nifty level is around 0.382 FIB. Since we are in a good demand zone in this uptrend & the close was above the 0.38 support , a possible up move to 0.5(24000) possible this week.
This is also supported by RSI cooling off.
The index is at 0.382 FIB retracement zone. Since we are at a good demand zone for Bank Nifty, the uptrend can make us reach 24078 by this weeks expiry.
