ilmscore | Prediction Details
"crucial level can see some resistance if you can see here this is a monthly chart of course but if you see here previous month also it tried to cross the 23% retracement failed this month also it has tried to go past this but has not been able to ideally I would want this to sustain above the 53 uh. 81 that is the 23.6 retracement if it does then as per Fibonacci retracement this will act as a strong support and then it may move upward"
By CA Rachana Phadke Ranade | October 5, 2023 | Pending
From video
Bad news for Nifty | CA Rachana Ranade 00:44:33 - 00:45:02
Interpreted Prediction
The speaker notes that Central Bank of India is struggling to sustain above the 23.6% Fibonacci retracement level (53.81). If it can hold above this level, it will act as strong support, potentially leading to upward movement.

Prediction Details

Topic
Central Bank of India Technical Analysis

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