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NIFTY & BANKNIFTY Weekly Plan

NIFTY & BANKNIFTY Weekly Plan

#26-OCT:
Weekly plan for NIFTY & BANKNIFTY
#NIFTY key reference 11930-50F & 11890F areas
#BANKNIFTY Key reference 24650F on upside , 24350F/24100F on downside

#NIFTY key areas for the week are 11950F- Hold above for a bullish move to 12050/12100F
Failure to cross 11950F , look to rotate to test 11890F, Below that is main bearish thesis to test lower
to 11740F levels

#BANKNIFTY key areas 24650F & 24370F , range bound within this range & break outside this range for a
bullish or bearish play.
Another refrence I will be mindful of is our swing support from last week 24100F, where markets bounced off from

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