ChartMantra

BankNifty view for the week of 8th - 12th November

NSE:BANKNIFTY   Nifty Bank Index
Good evening all,

Last week:
Short Week, and a very narrow range. Just 200 points. Everyone wanted a safe index and a safer Diwali.

This week:
So from here, we look at two important levels on the dynamic trend lines. Above 40160 and below 38400. On both sides the target room is around 700-800 points with almost equal RR.

*** This is a view and not necessarily a trade recommendation ***
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