RaviChandran_Rajkumar

Bank Nifty trade plan for 23 NOV 2023

NSE:BANKNIFTY   Nifty Bank Index
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.

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