Banknifty November 2nd Week AnalysisNifty Bank IndexNSE_DLY:BANKNIFTYIshanMathur05After a robust upmove last week, we can expect this move to continue this week as well. However, if global conflicts escalate, things can turn dull for the bulls. The key level for the uptrend appears to be 58,968. If Bank Nifty is able to cross and sustain above this level, we can expect the uptrend to continue up to the next resistance range of 60,163–60,350. If things turn otherwise and Bank Nifty breaches the support range of 58,622–58,326, we can expect high volatility and a maximum retracement up to 57,388. All levels are marked on the chart posted. Do follow for genuine trend analysis.