subhagghosh

Expiry Special Analysis for 12th Nov'2020.

NSE:BANKNIFTY   Nifty Bank Index
Decision Zone:- 28,720 - 28,900

Upper targets:- 29,030 / 29,271 / 29,385

Lower Targets:- 28,620 / 28,400 / 28,378 / 28,220 / 28,020 / 27,935 / 27,472.

Trend Reversal levels:- 28,520.

Elliott Wave:- We might be in Wave 3 which has completed at today's high 29,030, or might move to 29,271.

Wave 4 will correct till 27,935 or 27,378.

Support Zone:- 28,180 - 28,285
Resiatance Zone:- 29,134 - 29,385

Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.