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BANKNIFTY Weekly Trade Setup 21-Nov-2022 to 25-Nov-2022 | BANKNIFTY Trade Plan for 4th Week of November 2022

Trend: sideways to positive.
Trend Confirmation: price stays above 41933.72.
Trade Condition: price cross above 42345.50.
Targets: 42568.34, 42764.48, 42960.62.
Pullback Condition: price fall below 42325.99.
Pullback Target: 41933.72.
Trend Failure Condition: price fall below 41933.72.
Failure Targets: 41318.60, 41299.09, 40906.82.
Resistances: 42325.99, 42568.34, 42960.62
Supports: 41541.44, 41299.09, 40906.82
Bears Zone: 42325.99-42345.50
Bulls Zone: 41318.60-41541.44

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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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