Banknifty may be bullish on next trading session ie on 21st Nov, Monday. It may test 42650 or 42770 at higher levels. On lower side, it may go till 42200... Idea invalid if it breaks down 42200..
Nifty is ready to make a new high at 21000. If the retracement is not deep and as projected, the target might be reached. If the retracement is deep then the target may shift to the previous high. 1: Retracement expected at 20150 2: To test previous highs as plotted 3: Ready to make a new high at 21000