Bank nifty forming a broadening wedge pattern for the last 7 days.
Support on Span B of the Ichimoku cloud and further stronger support on 26800 - the 61.8% Fibonacci retracement from its recent bottom.
Expecting a breakout from range around 27500 - the 78.6% level.
Support on Span B of the Ichimoku cloud and further stronger support on 26800 - the 61.8% Fibonacci retracement from its recent bottom.
Expecting a breakout from range around 27500 - the 78.6% level.