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BankNifty levels for Monday 16th Oct

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NSE:BANKNIFTY   Nifty Bank Index
Strategy:-Support&Resistance

Major Resistance 44750-44800
Major Support 43800-43850

Banknifty is trading in a range of 44800 to 43800 range i think it will test lower level area of 43800 one more time that is strong support if held there can long with positive price action.

For Monday intraday levels to trade are

44350 Above Long
Targets 44450,44500,44550
44190 Below short
Targets 44100,44050,44000,43900,43800
Yorum:
Took support from second target 44050 towards short call
Yorum:
Yorum:
Expected it to test the day low area ,since nearing end of day closing trade with 120 points gain

Feragatname

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