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Banknifty is near golden ratio

Nifty Bank Index (NSE:BANKNIFTY)  
nmcapital44  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY bankniftytrend bankniftytradesetup bankniftytrading bankniftyanalysis bankniftyintradaylevels bankniftylevels bankniftyintradaysetpup bankniftyprediction
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trendanalysis chartpattern indicator banknifty bankniftytrend bankniftytradesetup bankniftytrading bankniftyanalysis bankniftyintradaylevels bankniftylevels bankniftyintradaysetpup bankniftyprediction
Banknifty is trading near golden ratio of Fibonacci retracement.

Breaking above 38880 will activate the level and positionally banknifty will be head towards 40000.

On the flip side 38000 is support area and closing below the level will take banknifty to 37600, 37000


Due to budget volatility will be high so trade with minimum quantity.

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