BankNifty route=map for 23rd march

23 mar 2022

BNF already falling that's why didn't give any level to SHORT. Its open for shorting Before to reach Target 1. Need to be careful around Target 1 because it's 50% level of Fibonacci that's why it would be important. Price can reverse form the same and then the journey will start from C to D leg of Pattern.

Please see the chart once, have tried to mention everything that i found by my study.

If found yourself agreed with this study then please LIKE...

Thank you

24 mar 2022

Nota

There is a writing mistake in Date, it should have 24th march. Sorry for that

24 mar 2022

Nota

opening below support zone that will be act like Resistance zone now...wait for a Red candle and then can go for Target 2 and further too...

24 mar 2022

Nota

Trading on a very important Trend-line, if price break it then we will see minimum 500 points in down.

but wait till the price close below the same and sustaining with another bearish candle....

24 mar 2022

Nota

Trading in a range of 200 points 35450-35650
As we have achieved Target 2 and booked almost 400 point's already.

So, safe trader wait till break this range to any side. It will be easy to trade if price break in Down-side.