Banknifty future chart analysis for 23.11.2023

22 พ.ย. 2023

As you can see here banknifty taking resistance at standard deviation one,
if price crosses above 43767, which is a strong resistance , then it may
easily reach 43934 and then 44098.

If banknifty crosses below 43490 then it may reach 43326, 43326
is a strong support , if banknifty takes support then it may bounce
back to the level of 43623, if breaks down it then it may reach to
the level of 43165.

Sideways -if takes resistance at 43767,
if takes support at 43490.