NIFTY & BANKNIFTY Weekly Plan 23-NOV
#NIFTY
Strong opening into the week, based on last week's reference immediate support at 12930-900F
1. Hold abv that look for continuation to test of 13065F areas.
2. Hold below that will look for rotation move to test of 12850/12790
1. Hold abv 12720F for a move to 12860 /13020
2. Break and hold below 12600 for a move to 12440/12350/12290
#BANKNIFTY
Another week with an outside range close, despite showing first signs of weakness.
Immediate support at 29150-29000 Range.
1. Hold of that look to test 29580F, abv that look for a test of 30100
2. Hold below support range look for a move back to test 28850/28500
Strong opening into the week, based on last week's reference immediate support at 12930-900F
1. Hold abv that look for continuation to test of 13065F areas.
2. Hold below that will look for rotation move to test of 12850/12790
1. Hold abv 12720F for a move to 12860 /13020
2. Break and hold below 12600 for a move to 12440/12350/12290
#BANKNIFTY
Another week with an outside range close, despite showing first signs of weakness.
Immediate support at 29150-29000 Range.
1. Hold of that look to test 29580F, abv that look for a test of 30100
2. Hold below support range look for a move back to test 28850/28500
