vanathi

Bank Nifty - Analysis for Nov 11

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NSE:BANKNIFTY   Nifty Bank Index
Yesterday bears were not strong enough to push the price to 40900 which implies bulls are still in control. Today there will be gap up opening. Buy above 41820 with the stop loss of 41760. Targets are 41960, 42080, 42200, 42340, 42480 and 42600. Bearish below 41640 with the stop 41720 for the targets 41520, 41400, and 41280. Use the given levels if price opens above 42000.
Komen:
BN will move within the range for some time.
Komen:
42000 is a stron support. Bulls will do their best to protect it. Trade accordingly.
Komen:
Hidden bulls are powerful.
Komen:
Above 42000, 42080, 42200, 42340 done. Patience pays.
Dagangan aktif:
Long
Komen:
42340 done. Price at resistance now.
Dagangan ditutup: sasaran tercapai:
Thank you market. Nice trend. High 42345 low 41918

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