BANKNIFTY Next Week?

 

Looks like bank nifty will be in the zone between 25288 - 23033 till the next month 2nd week as expecting the US election results.  

The current scenario is insider candle developed so better to wait to find the direction in the next week. If it breaks the 24880 (+25 or -25 ) level can expect upside momentum around 25288 else if it breaks the downside 24102 (+25 or -25 ) level can expect downside momentum till 24102. 

So the market can be volatile in the upcoming days due to speculations on US Elections. It's advisable for beginners to trade with less quantity ( Lots).

This is all about my opinion please comment on your views as well. 

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