Banknifty View for Monday - 4th Nov'24
Lakshman Rekha @ 52,334 (Futures). BNF closed below this level, so holding shorts with SL of 52334 in futures level. Atleast close above 52,193 in futures is required to consider long positions. Point of Control indicating Bearish for Nifty, while banknifty is bullish for next week with SL 51,439. Since both are giving opposite view, need to wait for either nifty to give lead or banknifty to lead the show. BN Spot need to close above 51,555 level to give life to bulls. Astro View - Monday astro view is positive. BTST - Indicating buying call option (need to watch whether muharat trading gives strength to bulls or bears).