Bank Nifty Index can make new highs but after good Retracement

٦ يونيو ٢٠٢١

BANKNIFTY

Bank Nifty has entered the bull market and is making higher highs and higher lows. 1 hour chart showed negative divergence and this stock could possibly retest its previous zone which is also Fibonacci 60% retracement which makes it an important zone. After the retest it could make new highs.