MyKEYtoSENSEX

Banknifty view for 20/11

NSE:BANKNIFTY   NIFTY BANK
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
Comment: bounceback possible frm here
Comment: failed
Comment: above 820 short covering possible
Comment: now wait for 060 to break
Comment: short covering likely to be end. near 400
Trade closed: target reached