Bank Nifty
Bank Nifty had a significant swing, but it looks like a range-bound market. My expectation for this week is a sharp and long rally. that's If the market sustains around the 61% Fibonacci level, then it could reach a minimum of 51,563 and potentially up to the 78% level. This is our primary scenario.
Alternate Variation:
The alternate scenario is similar to Nifty because of the range-bound structure. so, If the market breaks below the 38% Fibonacci level on the downside, then the range-bound market will likely continue. However, if it doesn’t break below the 38% level, we can expect consolidation between the previous high and the downside 38% level.
Bank Nifty had a significant swing, but it looks like a range-bound market. My expectation for this week is a sharp and long rally. that's If the market sustains around the 61% Fibonacci level, then it could reach a minimum of 51,563 and potentially up to the 78% level. This is our primary scenario.
Alternate Variation:
The alternate scenario is similar to Nifty because of the range-bound structure. so, If the market breaks below the 38% Fibonacci level on the downside, then the range-bound market will likely continue. However, if it doesn’t break below the 38% level, we can expect consolidation between the previous high and the downside 38% level.
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。