Bank Nifty Spot

I had to REVERSE my very short Bearish Play on the Indices today late afternoon, when at 19280... Some Big Boys went LONG with the Futures. Based on which I opened the BNS chart to see which AREAS had the Supply been created in the very Near Past. I have put forward those AREAS for you all to see and Understand. Remember this is based on a HOURLY CHART and I have followed this UP with The FIB Retracement levels as well. I had posted a few days ago a NS chart wherein I had said that the Market MUST COME BACK to complete the Retrace..... it is doing Precisely that currently. TO My EYE.............. The Market MAY choose to IGNORE the Retraces untill the Last 2 retraces......