Nifty Bank Index
Panjang

Bank Nifty - Intraday Levels for 21 Nov 2022

Bank Nifty Intraday levels for Tomorrow..

Bank Nifty negatively aligned but the sentiment has changed to Positive, meaning BULLISH rally is expected in Nifty .

We have support at 42350 and 42240, incase if this is compromised we can expect down move, but tomorrow expecting Flat / small gap up open above 42400. If Any close above 42570-42630, we can expect Target 1 - 42800 will be tested.


Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will become Support.

For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.

Refer the chart for detailed Intraday Support and Resistance levels.

Happy Trading!!

Penafian