BANKNIFTY ANALYSIS FOR 11TH MARCH 2024

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MARKET IS READY FOR STRONG BULLISH MOVE.

47716-47807 IS GOLDEN FIBONOCCI ZONE. We may wait for bullish candle in lower time frame (5 mins or 3 mins) in this zone.

Stop loss is at 47479.

Target 1- 48157

Target 2- 48519

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ملاحظة

Trade not active as no bullish candle was formed in this area. At the current level i would ignore pe buying. no trade for the day.