https://www.tradingview.com/chart/AusPLXhr/
BANKNIFTY : There is a high chance of pullback / reversal from here as the current level is very strong support. Moreover there are a few divergence points on the Daily timeframe chart as well as on Fibonacci retracement.
In the worst case situation, if it gets breached, 43200 can be the next stoppage as the 200-SMA is crossing at that level.
BANKNIFTY : There is a high chance of pullback / reversal from here as the current level is very strong support. Moreover there are a few divergence points on the Daily timeframe chart as well as on Fibonacci retracement.
In the worst case situation, if it gets breached, 43200 can be the next stoppage as the 200-SMA is crossing at that level.