This is 50% Fibonacci golden zone with two different impulsive wave+Demand/Supply Zone
This chart pattern is bullish chart pattern.Only entry above 110 if this stock open gap down 108.50 then this is bull trap so trade carefully.
What do you think? Will banknifty be able to repeat its time cycle? Because 1 feb 2021 to 25 oct 2021 in Parallel Channel two times touch at upper level within 366 days (38 weeks).And then 25 oct 2021 to 13 jun 2022 falls 22.87%(9550) at Parallel Channel lower level.Again banknifty repeat the 1st cycle with same time period at lower level (13 jun 2022 to 13 mar...