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Bank Nifty Trade Setup for 08th Nov. 2021

NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty Trade Setup for 08th Nov. 2021
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Bank nifty is always tricky and more complicated than other scripts. Moves are unexpected Intraday. The Nifty is showing strength, and banking is not. Hard to see a trending day in the nifty bank Index, and the higher chance is that Index can move both sides and be volatile, so be careful.

Key Resistance 40,200
Intraday Resistance : 39,750
Intraday Support : 39,500
Key support : 39,300

Trade Accrdingly !

I am not a SEBI Registered Research Analyst, and all the information provided here is for educational purposes. Views are shared based on market research and study and personal in nature. Others can take different views and opinions.

Good Luck and Happy Trading
Virendra Pandey

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