PowerTrades

NIFTY BANKNIFTY Weekly Plan 02 NOV

NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
#02-NOV:
Weekly plan for NIFTY & BANKNIFTY
#NIFTY key reference for 11730-50F areas.
#BANKNIFTY Key reference 23300-375F.

#NIFTY key areas for the week are 11750F- Hold below that for a bearish view to test of 11540/11320.
continued weakness for hold below 11640F areas.
#BANKNIFTY
Key resistance is 24300-75F areas for the current week.
Failure to hold above, likely to see rotation to 23100F aras
Hold below 23890F areas will see further weakness for move lower for test of 23300/23100

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