Wednesday, April 4, 2018

Banknifty Spot Update as on EOD 3-4-2018

Banknifty is now at 61.8% crucial retracement level at 24474, 24500-24650 is a key initial resistance (of Initial Target is about 24900 and 25200) . Key trend reversal level above 24860- 200 dma which is  rising. Hourly is bit overbought.Lower side 24300 around is the key support.Infact,  Banknifty Spot has just closed above 24505 200 EMA Level and holding above this good buying will come.

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