BANKNIFTY One Hour Chart analysis with Strategy (Put Spread)

BANKNIFTY One Hour Chart analysis with Strategy (Put Spread)
This is call truncation ( because HH is not making here)
BANK NIFTY one hour chart analysis
1) Break 2-4 trend line
2) Break POC level
3) First level 1.618% & 2nd target 2.618% level of Fibonacci ratio
Strategy for this
Sell 44200CE (this 15june expiry & buy 44900CE (22 june expiry)
Profit -10% (chances 70%)
Appx.- 3500/-
Loss above –above 44377 level (on expiry)

Note: this is only education purpose.
Risk /Reward as per your profit