MyKEYtoSENSEX

Bank Nifty View for 26/11

Short
NSE:BANKNIFTY   NIFTY BANK
The bearish engulfing pattern has been created in the daily chart .
So it can be said that trend reversal is starting.

Bank Nifty may trade in the range 28604 -29597
Decision Level :29360 Above & below :Bullish & Bearish .

Above 29360 : 29455/29597
Below 29360 : 29262/29165/29060/28947/28838/28724/28604


1st level to watch out : 29455 for upwards
: 29060 for downwards

Sell on rise strategy may be consider.
Disclaimer: Ideas for learning Only.

Learn Regularly. Not occasionally.
Comment: don,t trade.
gap up open..
exact in d level.
wait and watch....
Comment: as of now range 29060-29455
Comment: looks weak
Comment: 28800 possible
Comment: d lvel now resistance
Comment: data suggesting ....some bounce back possible
Trade closed manually: quite difficult to trade
Comment: booked some small profits
Trade active: 28838/28724 possible
Trade closed: target reached