Barring a major jolt from geo-politics and warring Nations, here's what BANKNIFTY Looks like on 30 Sep 24. The Chart has been made from larger time frame to Intraday Levels ie Weekly>Daily>Hourly>15Min. The Fib based Extension have been drawn on low to high on hourly basis. I find comfort in RSI, and Fibonacci. Although EMA20/50/100/200 are hidden to make it simple. So Black horizontal limes represent Intraday Resistance (also shown as R1, R2,R3) and Support in S1 S2 (out of frame!!!!!) Celebrating early Diwali and Navratri are Bonus 1 & Bonus2(out of frame). In case of Gap Up, Gap Down or Flattish opening the Intraday Levels will act as indicated.
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