Bank Nifty trade plan for 22-Oct-2020

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BNF Trade plan for 22-Oct-2020 using Volume Profile:

Sustaining above 24900 leads to upside target of 25000, 25200.
Resistance is ~24700 - 24900.
Support is ~24200 - 24000

Not

In the opening 24400 held the support and once reached 24650 its facing resistance. Either it should break out (24700 - 24750) or break down below 24400 - 24350 to have a good move else it may be in sideways.

Not

Till now its sideways. Writers are eating the premiums. Someone has to give up. Not sure who it is..

Not

BNF has formed a trendline and its unable to break from the morning

aravindleo_99

@aravindleo_99

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