BankNifty Levels for Expiry Wednesday 18th Oct

Oct 17, 2023

Rakesh's View

Strategy:- Support&Resistance

Resistance 44550
Support 44350

Levels to React

44550 Above long
Targets 44600,44700,44770,44900
44350 Below Short
Targets 44250,44200,44150,44050

Support and Resistances area can act as reversal location also pleace keep watch price action on those areas and take Entry accordingly.

Give a like to Rakesh will update more in live market

Oct 18, 2023

Note

restested 444350 from below target one acheived

Oct 18, 2023

Note

44250 area will act as support if breaks will go for next targets below.If held need see price action i suggest not to go long wait today expiry premium decay will happen

Oct 18, 2023

Note

im long , not at trade suggestion please do your analysis before entry small risk taking here

Oct 18, 2023

Note

Oct 18, 2023

Note

Booked half exited me rest at break even

Oct 18, 2023

Note

44350 below all targets acheived , my long take purely based on my experience and managed book half exited rest at break even ,
i cautioned ealier above comment not to go long