Nifty Bank Index

Bank Nifty Trade Setup for 15th Nov. 2021

Good Morning Everyone,

The Index is still weak until it's not closed above 40,200, which is far away from the current price, but this is the level we need to consider as a trend reversal. Moves and momentum both were missing at this point, so you guys must be cautious when trading in the Bank Nifty Index.

Intraday Resistance : 39,000
The Key Resistance is: 40,200
Intraday Support : 38,600
The key Support is: 38,000 to 38,200

Trade Accordingly
Virendra Pandey

Penafian