BANKNIFTY: Fib Retracement Key Levels

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Banknifty sitting on 50% Fib Retracement. Once it crosses the level, chances to touch 61% level in a few days, if momentum persists. Depending upon risk appetite can be configured to a strategy for next weekly expiry or the one after that.
註釋
UPDATE: Target 61.8% level sits at 35000 levels, SL: can be set at 33500. Please note that this is not a strategy. This is an observation/analysis. The reference to expiry is for my personal preference of working with options to capture the movement. Your strategy may differ.
Kindly consider this as analysis and not advice.
BANKNIFTYFibonacci RetracementTechnical Indicators

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