BankNifty 6th Jan expiry Special_Mkt at crossroads

BANKNIFTY

• Fibo line of 50% at 37958.
  
• If it respects that then we will retracing back to 37033.
  
• since today candle jan 5th 1 day candle is very strong there is a high probability that we might be breaking the 50% and heading towards 61.8% (38880).