Bank Nifty Trade Plan for 22nd Nov 2021 - Monday
After a long weekend, so many expectations are there with market whether it will continue to be Bearish or Trend is going to change to Bullish..
As per my analysis, still the Bank Nifty shows weakness and Global Markets are also in Negative mode. I'm expecting the market will touch at least 36500 levels before taking its up move..
For tomorrow I'm expecting market to Open small gap down around 37700 levels.. and if that is the case we can look for Sell Opportunity at 37800 levels. Target can be 37500 - 37300
Incase Flat or Gap up one the mostly Rangebound/Volatile market BN would trade.
The levels plotted for 22nd is based on Pivot Boss.. if any rejection or breakout on these levels will move to next levels.
Happy Trading!!! :-)
Disclaimer : The idea is purely for Knowledge sharing purpose. Do your won analysis and consult your finance advisor before taking any trade. I'm not responsible for any of your profit / losses.
Please do like and support for more Ideas! Comment if you need any specific stock/index analysis..
After a long weekend, so many expectations are there with market whether it will continue to be Bearish or Trend is going to change to Bullish..
As per my analysis, still the Bank Nifty shows weakness and Global Markets are also in Negative mode. I'm expecting the market will touch at least 36500 levels before taking its up move..
For tomorrow I'm expecting market to Open small gap down around 37700 levels.. and if that is the case we can look for Sell Opportunity at 37800 levels. Target can be 37500 - 37300
Incase Flat or Gap up one the mostly Rangebound/Volatile market BN would trade.
The levels plotted for 22nd is based on Pivot Boss.. if any rejection or breakout on these levels will move to next levels.
Happy Trading!!! :-)
Disclaimer : The idea is purely for Knowledge sharing purpose. Do your won analysis and consult your finance advisor before taking any trade. I'm not responsible for any of your profit / losses.
Please do like and support for more Ideas! Comment if you need any specific stock/index analysis..
Trade active:
As per my analysis, still the Bank Nifty shows weakness and Global Markets are also in Negative mode. I'm expecting the market will touch at least 36500 levels before taking its up move..
