Indextraderpro

BANK NIFTY for 30-09-2021

Short
NSE:BANKNIFTY   Nifty Bank Index
Surely this won't open flat tom, Still sell below 37690 partially. Then add more below 37600 level, for the target of 37400-37300.
Upside Buying only above breakout of 38000 which is a very strong resistance for BN. The target upside will be 38200-38300. Fib retracement near 0.618.
Again market will be very volatile India Vix is at 18.8.
Trail SL Manage position size for few days.
All the very best! 😊

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.