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KiranKatabattini
Nov 22, 2020 4:52 AM

BankNifty November Future Analysis 

Nifty Bank IndexNSE

Description

Banknifty is in uptrend. I think Banknifty increase from 20th November to 24th November(30562 to 29300)
Banknifty Continuously 3 days increasing and next day(4th day) falling. Falling will be 0.6 Fib retracement. I think 25th November banknifty will be fall from 30615 to 29300.
Banknifty moving in Channel Pattern.
Comments
Shivakumar1981
Your analysis are great
No doubt at all
I follow ,I gain, thanks sir..@KiranKatabattini
KiranKatabattini
Banknifty fallen on the day(25th November) I mentioned above
1041 points
KiranKatabattini
If tomorrow (23rd November) Banknifty future will not opening above 29370, Channel pattern breaks below. And banknifty will change the direction to downtrend.
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