Banknifty might face Crucial Resistance on 12/11/20 ...
BankNifty is in Downtrend Movement for the Last 2 Days... If it breaks the down trendline or Horizontal Line and closes below it, Then go for Short. otherwise, go for Long...
For Swing and Positional Trading... Caution:- Education Purpose Only...
Yes Bank is near to its resistance level....if it breaks with high volume then a great upward movement may possible...and also if it breaks its support level with high volume then downward movement may possible... CAUTION:- Educational purpose only...
Bank nifty now in a range-bound position...wait for its support(SL) zone for LONG and Resistance(Target) for SHORT... Disclaimer: This is purely for educational Purpose Only...