Nifty Bank Index

Banknifty touched .5 Fib Level

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Banknifty Touches 0.5 Fibonacci retracement. From this BNF either take directional momentum. If it touches the 0.61 level(44350) we can take a completely bearish position. Longterm stop loss is at 44932.
If it sustains above the 0.5 retracement level it will be completely bullish market.

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