BankNifty Trade Plan coming week-22-Nov

Banknifty Futures: At the start of last week we had discussed that the week is expected to be volatile and choppy and boy it tested us to the hilt. the way the week has closed
it is likely to continue to be undecisive.This is likely to change once markets make a decisive move either above 17350 levels or below the 16600 levels on a broader scale.
For intraday players either we trade a break out of 17140 on the upside or look for a break below 16940, those two trades must be taken. It will be also
interesting to try scalping pull backs within the range

Comment:

Banknifty: yesterday banknifty played to the hilt within the trading zones mentioned. and eventually managed to close within the range itself. hence no change in
trading plan compared to yesterday. as again play within the range between 17140 & 16940 levels and look for a breakout /breakdown outside this range.