BANK NIFTY NOVEMBER MONTH OUTLOOK

Banknifty is trading within the same range since June , I'm expect range to break on either side in the upcoming month . Very important support on the downside lies on 50200 if banknifty breaks 50200 monthly basis then we can expect further downside. Otherwise if it crosses and sustains 52500 then we can expect further upside . All levels are marked in chart posted