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BANKNIFTY Weekly Trade Setup 31-Oct-2022 to 04-Nov-2022 | BANKNIFTY Trade Plan for 1st Week of November 2022

  • Trend: strongest bearish reversal.
  • Trend Confirmation: price fall below 40839.30.
  • Targets: 40428.92, 40083.24.
  • Trend Failure Condition: price rise above 41120.27.
  • Failure Targets: 41384.36, 41530.65, 41811.62, 42157.29.
  • Resistances: 41384.36, 41547.52, 41811.62
  • Supports: 40856.17, 40693.01, 40428.92
  • Sellers Zone: 41384.36-41530.65
  • Buyers Zone: 40839.30-40856.17


Disclaimer: These are only suggestive technical rules that have been found to work well over time in the market. These are not any trading or investing recommendations. We suggest you to take advice from certified experts for trading and investing. Neither PickMyStox nor any of its associates are responsible for any trading or investing loss.

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