MyKEYtoSENSEX

Banknifty view for 19/11

Long
NSE:BANKNIFTY   NIFTY BANK
Bank Nifty future May trade in the range 29262-30262.

Decision Level :29360 .Above & below :Bullish & Bearish .
Above 29360 : 29455/29597/29732
29860/30003/30136/30262

Below 29360 : 29262/29165/29060

Above 30260 : BNF may test 30733
Below 29262 : BNF may test 28800

1st level to watch out : 29597

There is some more space to go upwards according to chart. And no trend reversal signal started yet.
So Buy on dips strategy may continue.

Keep an eye on ICICI Bank.The strategy which i had already shared in ideas stream.

Disclaimer: Ideas for learning Only

Comment: 1st level to watch 29262
Comment: Buying zone 29165-29062

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