Banknifty is trading near golden ratio of Fibonacci retracement.
Breaking above 38880 will activate the level and positionally banknifty will be head towards 40000.
On the flip side 38000 is support area and closing below the level will take banknifty to 37600, 37000
Due to budget volatility will be high so trade with minimum quantity.
Breaking above 38880 will activate the level and positionally banknifty will be head towards 40000.
On the flip side 38000 is support area and closing below the level will take banknifty to 37600, 37000
Due to budget volatility will be high so trade with minimum quantity.