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Bank Nifty analysis 11/24

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY bankniftytradesetup bankniftyanalysis bankniftyview BANK bankniftytrading
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trendanalysis chartpattern banknifty bankniftytradesetup bankniftyanalysis bankniftyview bank bankniftytrading
Bank nifty corrected about 10% from recent high in this month. As tomorrow is expiry we can still expect BNF to move with high volatility. So Day trading is not advisable for next two days.

If the BNF breaks trend line with high volumes and can withstand the level 37500 level, only then the we can go for buying.

Resistance R2-38500
Resitance R1 -38100
Range -36700~37700
Support S1 - 36900
Support S2 -36200

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