Bank Nifty - Analysis for Nov 11

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Yesterday bears were not strong enough to push the price to 40900 which implies bulls are still in control. Today there will be gap up opening. Buy above 41820 with the stop loss of 41760. Targets are 41960, 42080, 42200, 42340, 42480 and 42600. Bearish below 41640 with the stop 41720 for the targets 41520, 41400, and 41280. Use the given levels if price opens above 42000.
Nota
BN will move within the range for some time. istantanea
Nota
42000 is a stron support. Bulls will do their best to protect it. Trade accordingly.
Nota
Hidden bulls are powerful. istantanea
Nota
Above 42000, 42080, 42200, 42340 done. Patience pays.
Trade attivo
Long
Nota
42340 done. Price at resistance now. istantanea
Trade chiuso: obiettivo raggiunto
Thank you market. Nice trend. High 42345 low 41918 istantanea
Trend Lines

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