rakeshreddym

BankNifty Levels for Tuesday 21st Nov

rakeshreddym Updated   
NSE:BANKNIFTY   Nifty Bank Index
BankNifty Levelt to trade

43700 Above Sustains Long
Targets 43800,43850,43900
43520 Belew Sustains Short
Targets 43450,43400,43300,43250.

Check price action on those long and short entry levels mentioned then take entry .
Comment:
Gap up opened trading in very narrow range avoid trading in this range unless day high or day low voilates then look for price action
Comment:
not much movement today at day high entered since it is range bound day expected it to fall to day low area 43800 put entered
Comment:
Exited with 60 points gain
Comment:
Second entry this time it is more bearish in 30 min time frame chart
Comment:
target acheived 107 points gain
Comment:
15 mins chart two entry marked on it

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.