Banknifty Movement prediction for Nov2020

As evident in the chart, Banknifty is close to the major support of 23100. It is very likely to touch the support of 23100. If supported by US Election results and overall international sentiment, it can move up to 24500-25000 by month-end. In case of market sentiment turning bearish, then Banknifty will break the immediate support at 23100 and can slide all the way down to 22000 to find major support there.