Nifty Bank Index
Updated

Banknifty view for 20/11

151
Bank Nifty future May trade in the range 28732 -29732

Decision Level :29060 .Above & below :Bullish & Bearish .
Above 29060 : 29165/29262/29360/29455/29597/29732
Below 29060 : 28947/28820/28732

Above 29732 : BNF may test 30136
Below 28732 : BNF may test 28229

1st level to watch out : 28820 for upwards
28694 for downwards
Some consolidation may be seen today.
BNF trend still intact.Lets see what happen.
Virus or Vaccine, Trump or Biden, Stimulus or Not.these will make markets volatile.

Disclaimer: Ideas for learning Only
Note
bounceback possible frm here
Note
failed
Note
above 820 short covering possible
Note
now wait for 060 to break
Note
short covering likely to be end. near 400
Trade closed: target reached

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