Banknifty analysis
Banknifty bounced from important swing support near 50200 after
a big fall from high of 54467 . Thereby given nearly a fall of 4000+ points
Now POC at 51350 will act as support.
on upside immediate resistance is 52370
and than golden fib level 52846 which also has gap area to fill
Expecting banknifty to move towards 52300 and than gap area.
Disclaimer : I am not SEBI registed
a big fall from high of 54467 . Thereby given nearly a fall of 4000+ points
Now POC at 51350 will act as support.
on upside immediate resistance is 52370
and than golden fib level 52846 which also has gap area to fill
Expecting banknifty to move towards 52300 and than gap area.
Disclaimer : I am not SEBI registed
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