1)Here I am using Nifty level of 10750 in Sept.2020 from where Nifty started major Trend & Toped out in Jan2021 at 14800 plus.
Nifty 1st support should come at 13,315 and then 12062 level ( which un-likly to break) if we analysis on larger time frame.
2)Trend started since 18Dec2020 from 13124 to Top made in Jan2021 at 14,800 plus 1st support of 14,464 on...
Please find the BankNifty Re-tracement from Low of 23Sept2020 & 16Oct2020 to Top made at 32,986 in Jan.2021 using Fibo Re-tracement levels
studied with major support & Resistance levels faced since Jun2020 onward on daily time frame. Using Sept.2020 study Bank nifty will find
support at 0.382 levels ie.28,207 otherwise will stop at 0.618 levels ie 25254 on larger...
