Gunshot321

BANK NIFTY FORWARD ANALYSIS DEC-FEB

NSE:BANKNIFTY   Nifty Bank Index
Hello Traders

Hope everyone made good profits with the previous analysis

41300 Support Zone - Buy CE low Qty and slowly build larger Qtys every 500 points upward journey
Book profits regularly may it even be 800 Rs a lot
Re-enter at lower side CE every profit booking

Upside target upto 45907 Fib level 1.618 max target for correction

All levels marked on chart
Fib levels to be considered for profit booking

March-April contracts can be bought for PE buy
Accumulation Zone mentioned on the chart

All the best with your trading.
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Your support will be greatly appreciated for growing further
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Regards
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