Nifty Bank Index
Long

BANKNIFTY for 28th November

Banknifty made a new lifetime high today. The buying in banking stocks is driving BNF and that also is responsible for Nifty’s rally. BNF made a doji candle with higher high, higher low and higher close. Unfortunately, there are no clear-cut buying levels in BNF due to move seen today. On 15 min chart, I have marked a buying area which was shaped due to sharp move that took place in latter half yesterday.
All the best. Happy trading.

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