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Umpireindia

"Fibonacci Analysis: Bank Nifty's Recent Movement and Potential

Nifty Bank Index (NSE:BANKNIFTY)  
Umpireindia  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Technical Indicators Beyond Technical Analysis
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trendanalysis indicator beyondta
I've used Fibonacci retracement on the period from June 20th till now, looking at daily data. After reaching a high at 46300, which is a significant Fibonacci level, the price dropped to 44270 by August 23rd. Bank Nifty is currently moving back up towards its highest point, with buying starting at 44540 today app
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