Banknifty support and resistance levels for the month of Nov2022

26 ต.ค. 2022

Resistance level: 42403

Support level: 36572

Neutral Zone: 38516-40459

If candles are consolidating in neutral zone, wait for the breakout either one side.

If candles are break or sustaining above Neutral zone, we can expect upside move and the targets will be resistance level , Target1 and target2 as mentioned in chart

If candles are break or sustaining below Neutral zone, we can expect downside move and the targets will be support level , Target1 and target2 as mentioned in chart

Please let me know in comment section if you have any queries and like the idea If you agree with the analysis.

Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research

11 พ.ย. 2022

การซื้อขายยังคงดำเนินอยู่

Bank nifty moving towards the resistance level 42403 as mentioned in chart. It has to break this level to move next target. If it fails price will move to neutral zone or support level.