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BANKNIFTY : Trading Levels and direction for 20-Nov-2023

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Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Wave Analysis Beyond Technical Analysis
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trendanalysis waveanalysis beyondta
If banknifty opens in gap up above 43722 and sustains, BANKNIFTY can move towards 43968 and can face rejection there, but if could sustain above this level, BANKNIFTY can trade higher for the level 44223, where we can see seller's pending orders, if prices could sustain above this range, this will a indication of loosing interest of sellers and we can see BANKNIFTY rising move towards 43500-43700 in coming time.

below 43722, BANKNIFTY has a buying range at 43307-43223 and 42994-42990.
Penafian

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