Banknifty view for 20/11

Nifty Bank IndexNSE

Description

⋅ Nov 20, 2020 2:27 AM

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

⋅ Nov 20, 2020 5:38 AM

bounceback possible frm here

Comment

⋅ Nov 20, 2020 5:45 AM

failed

Comment

⋅ Nov 20, 2020 6:30 AM

above 820 short covering possible

Comment

⋅ Nov 20, 2020 7:42 AM

now wait for 060 to break

Comment

⋅ Nov 20, 2020 9:00 AM

short covering likely to be end. near 400

Trade closed: target reached

⋅ Nov 21, 2020 7:20 AM

Comments

ram2rhythm

⋅ Nov 20, 2020 3:25 AM

Virus or Vaccine, Trump or Biden, Stimulus or Not. these will make markets volatile.
Copied from PR Sundar :D

But, actually nice presentation bud. Really helpful!

MyKEYtoSENSEX

⋅ Nov 20, 2020 3:33 AM

@ram2rhythm, Thanks 4 ur valuable comments...