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Nifty and BankNifty for 3 Nov 2020

ChaiKoffee Forums Stock Market Nifty and BankNifty for 3 Nov 2020

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  • #119
    atma
    Keymaster

    Today it was bullish for BankNifty and flat for Nifty. Both gave a good rally and closed with a correction on the trendline support.

    Nifty for 3 Nov 2020 Nifty for 3 Nov 2020

    Nifty closed above 11650. It is a buying opportunity until the trendline support is maintained for tomorrow.

    BankNifty for 3 Nov 2020 BankNifty for 3 Nov 2020

    Bank Nifty is also having the same setup as Nifty. Buying at trendline support.

    Participants data shows that FII is negative while closed many of the short positions while clients are Bullish.

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