BANKNIFTY INDEX PRICE ACTION EXPECTATED FOR THE DAY

-BANKNIFTY IS S IN BOOM BOOM ZONE
-LOOKING TO TEST ITS 200-EMA PLACED AT 23915
-AS EXPECTED WILL TRY TEST 23900
-A RANGE OF 2000 POINTS IS BROKEN
-RALLIED 400 POINTS OUT OF THE EXPECTED 2000 POINTS
-FIBO LEVELS OF 38.2% TAKEN OUT
-50% RETRACEMENT LEVEL AT 23900
-BUT IF 24000 IS TAKEN AND CLOSES ABOVE IT WE WILL SEE HIGHER LEVELS
-NEXT LEVEL OF 50% IS PLACED AT 23890


RESISTANCE FOR THE DAY (FUT)
23700-23850-24300
SUPPORT FOR THE DAY (FUT)
23500-23200-23070-22900