Thursday, December 05, 2024

Bank Nifty


Bank Nifty 53603.6 CASH NSE

 48636-42105 EXACTLY reversed from 61.8% Create some swing trades for the TARGET of 53860

and 261.8% at 59203+.  20/9/2024 Touched 54066 and closed at 53793, closed below 53860.

Retraced up to 50194 from 53793

5/12/2024 Again touched 53888 and closed at 53603, below 53860


Extended issue first retracement 57437.  

Implies stiff resistance at 53900 for the TARGET 57437-59203+ [previous charts 261.8% [positional]





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