BANK NIFTY LEVELS 17TH OCTOBER
Updated
Bank Nifty Actionable Idea
#Current Price- 44225
#Resistance- 44260
#Support- 44147
#Target 44368 And 44466 we can expect after a break of Resistance
#Target 44044 And 44936 we can expect after a break of Support
#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support2 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
NOTE- Only for Education Purpose.
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#Current Price- 44225
#Resistance- 44260
#Support- 44147
#Target 44368 And 44466 we can expect after a break of Resistance
#Target 44044 And 44936 we can expect after a break of Support
#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support2 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
NOTE- Only for Education Purpose.
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Trade closed manually
AS I WROTE IN DESCRIPTION THAT LEVELS WILL BE FLIPPED IN THE SITUATION OF GAP UP OR GAP DOWN OPEN. SO AFTER GOOD GAP UP OPEN PRICE TOOK SUPPORT ON RESISTANCE BASED TARGET 2 AND AFTER BREAK THAT TOOK SUPPORT PROPERLY ON RESISTANCE BASED TARGET TWO, TAKEN NO TRADE TWO BUT PREPARED FOR SOME GOOD TRADES TOMORROW FRIENDS
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