Bank Nifty Weekly Forecast for 16-20 Nov

Last week we gave the Chopad level of 16650 Bank  Nifty gave long entry on Monday opening and achieved 2 target on upside, and was unable to close below chopad level of 16650 on single trading session.  Lets analyze how to trade market in coming week.

Bank Nifty Hourly

Bank Nifty trading below 21/34 EMA , demand zone in range of 16750/16800 below that fast fall towards 16500/16250.

Bank Nifty Channel

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