Bank Nifty trade plan for 23 NOV 2023

Bank Nifty trade plan for 23 NOV 2023

Nifty is structurally bearishly aligned for the day and is expected to within the yesterday's range with a small gap up.

In case Bank Nifty fails to break out the upper resistance band on morning session then we can anticipate bank Nifty to trade in a range for the day and can expect to test out lower band as plotted.

Any resistance from Previous day close will be opportunity to short for previous day low.
Trend Analysis

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