Banknifty Positional at Support

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hello Everyone,

as IRAN US war going on global market corrected indian market nifty corrected around high 26400 to now 23000 12% from high banknifty also corrected high 61500 to now 53500 around 12-13% now banknifty trading near crucial confluence support of channel trendline and 100EMA on weekly along with RSI oversold fibbonacci retracement of more than 50% is done almost 6!% is about to touch from previous if taken previous swing ..so ocsilattors are indicating some relief rally some good news for indian oil ships.

expecting the bounce from current levels for the positional in banknifty along with other indices

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