BANKNIFTY ON 15 MINS CHART

We posted about bearish setup but what if market actually follow Other market sentiments and shows a bull run. Probably this would be our setup because price is sustaining at 38.2% level. Exactly the same situation that happened today at NIFTY50. After a good fall NIFTY50 had a correction till Fibonacci 50% but BNF is still sustaining near 38.2% level. If there some positive opening we can see BNF trading atleast near FIBONACCI 50% level & later 61.8% level. Plan your trade accordingly. Trade safe.