Bank Nifty Trade Plan for 12th Nov 2021 - Weekly Expiry
As I posted yesterday 11th Nov Idea, BN Opened Gap down today and broke 38500 levels.
Tomorrow expecting BN to Open same level or small gap Up, however still BN shows weakness. My expectation for the upcoming session next week 37900 level - will reach and then it can bounce back.
We can look for Sorting opportunity if CPR - 38580 breaks on the downside with 1st Target - 38400 and 2nd Target 38200 below. If 38200 breaks then BN will fall upto 38000. You can see the levels for tomorrow on the chart.
Happy Trading!!! :-)
As I posted yesterday 11th Nov Idea, BN Opened Gap down today and broke 38500 levels.
Tomorrow expecting BN to Open same level or small gap Up, however still BN shows weakness. My expectation for the upcoming session next week 37900 level - will reach and then it can bounce back.
We can look for Sorting opportunity if CPR - 38580 breaks on the downside with 1st Target - 38400 and 2nd Target 38200 below. If 38200 breaks then BN will fall upto 38000. You can see the levels for tomorrow on the chart.
Happy Trading!!! :-)
Trade active:
From now Expecting sideways market between 38650-38350
Trade closed: stop reached
