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Bank Nifty - Monday 15th Nov'21 - Trend & Levels

Long
NSE:BANKNIFTY   NIFTY BANK
Bank Nifty Trade Plan for 15th Nov 2021 - Monday

  • Expecting BN to Gap Up open, I see the trend of Bank nifty has changed to Bearish when we look into last one-two weeks sessions.. So What I'm expecting for next week is just pull back to 39300 breakout level..

    For Tomorrow (Monday) if any pull back to CPR or previous day high (around 38600-38700) will be a buying opportunity and target is 39100.

    39300 will act as strong resistance, so we can look for Sorting opportunity if there is a strong reversal pattern. You can see the levels for tomorrow on the chart.
Happy Trading!!! :-)
Trade active: Hi Traders,

Hope my levels area perfectly respecting... If you feel the same please do like my ideas and support by following me for more ideas to publish.

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