Tuesday, November 9, 2021

Niftybank and Nifty 50 intraday trading levels 10-11-21

Nifty bank 1 hour a candle:

1.  Nifty bank will be bullish when crosses and sustain the Orange trend line, there is a strong support of 39000-38800, if crosses and become bullish then it will continue to move till 41000 and will take a halt in the range of 40150-40450.

2. Nifty bank will be bearish when crosses 39000 level, but from below there is sudden bounce-back can be expected or slow movement for downside. Do not expect Nifty bank to fall much, what I think it will achieve 43000 level in this month.

TradingView Chart 

Nifty 50 15 minute a candle:

Nifty 50 will be bullish when crosses the Blue trend line and sustain for 15 minute or so.

TradingView Chart 

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