A simple prediction for tomorrow's market based on S / R.
I have done the analysis on both 5mins time frame and 15 mins time frame. The light color is for 5 mins TF support or resistance and the dark color is for 15 mins TF support and resistance.
I have also used Fibonacci Retracement to find the Support in 15 mins TF and I have observed a strange thing that in every 250-300 point in Bank Nifty there is a Support. It seems strange to me. And the way Bank Nifty is coming down I think it might hit these level by tomorrow because tomorrow is monthly expiry.
I have also used Fibonacci Retracement to find the Support in 15 mins TF and I have observed a strange thing that in every 250-300 point in Bank Nifty there is a Support. It seems strange to me. And the way Bank Nifty is coming down I think it might hit these level by tomorrow because tomorrow is monthly expiry.