This week is very tough for positional trader to deploy any trade in Banknifty. Target for November Monthly expiry is 42000-43000. But Banknifty can retrace once till below redline. or it can consolidate here. so, we have to focus on intraday small trend.
Note
Took resistanceat red line in first 15 min ,broke the box and reached half of the target. It may achieve target in next trading session
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.