Bank Nifty analysis 11/24

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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