525-535 IS is an important level for sbi bank.this level is 50%fibonacci retracement level of last move and also it has the huge volume happening in this level which is showing in the fixed range volume profile.so let"s see what happened if it corrects or not and if so how this level reacts in this movment?
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Nifty index gives us some healthy correction in few days.Now in daily chart of the index it takes immidiate support at 17703-17780 kind of zone which is the 50% retracement level of the recent upmove.
Now,in 75minit time frame chart it's making lower high lower low levels in downtrend so if the last lower high level of the downtrend supressed...
