BANKNIFTY ANALYSIS FOR TOMORROW 16-11-2021

A Gapup to downside BankNifty. Bull tried to break the 39000 level but failed... Price didn't sustain above 38930. Now 38667 is important to watch as we have PUT witter position ast 39500 level and also 38667 is fibonnaci 50% level. The Support is week upon breaking 38500 level huge fall can be seen on the Upper side 38700 and 38900 are also week resistance followed by 39000 level resistance. :)
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