Bank Nifty (Spot)

Date : 25.11.2024
Bank Nifty (Spot)
Timeframe : Day Chart

Remarks : Look at support/resistance trendline if price is closing above 61% at Fibonacci & 52519 resistance level + Moon cycle resistance (52519) enter fresh long with stoploss of support & resistance trendline.

Whenever price goes below 61% & closing below multi month support & resistance trendline then exit longs & enter fresh shorts. This area is trend changer area.

Regards,
Ankur Singh