Nifty Bank Index
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#banknifty view for 9th Nov'21:-

#banknifty view for 9th Nov'21:-

20 DMA @ 39585 is considered as Laxman Rekha, above positive & below negative.

If the falling wedge is broken and holds upside, we might see an upside of 37,726 / 40.128 / 40,529.

Still, #banknifty is not out of the bush, it has to be above 40,128 to fall back on track.

Regards,

SG
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