Bank Nifty went to test 61.8% retracement level of the earlier rise, and is not returning to 38.2 % level @ 37000.
37000-37100 is the 61.8 % level of it's recent move from 34050 to 37850 as well.
It will go to 37000 first and then move around and try to break 39000 to go to earlier highs after that
37000-37100 is the 61.8 % level of it's recent move from 34050 to 37850 as well.
It will go to 37000 first and then move around and try to break 39000 to go to earlier highs after that
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