Bank nifty is looking v bullish than nifty , if price breaks channel & resistance at 37000 level ,momentum can take little pause between 37000....38000 levels. we can see small consolidation around this area & can expect a small retracement from this level .
if price fails to break immediate resistance , we can expect initial retracement till 0. 236 of fib.
if price fails to break immediate resistance , we can expect initial retracement till 0. 236 of fib.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.