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Nifty Bank Index

Bank Nifty - Analysis for Nov 15

By vanathi
Mod
Updated
Bulls are still holding the price above 42000. Buy above 42040 with the stop loss of 41980 for the targets 42120, 42200, 42320, and 42460. Any one who trade with discipline, strategy and manage risk can make money. Sell below 41900 with the stop loss of 41960. Targets are 41820, 41700, 4620 and 41540.
Note
Range 42000 - 42200 snapshot
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42200 - 42240 have to sustain and break the day's high to be bullish.
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The expectation snapshot
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Trial your short. Market may change direction.
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What a bounce after my update 40 mins back. snapshot
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Bullish zone 42200 - 42240 is still acting as resistance. snapshot
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High : 42450 Low : 42079 snapshot
Support and Resistance
vanathi
Mod
Role I play here : Moderator.
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