Bank Nifty - Thursday 11th Nov'21 (Expiry) - Trend & Levels
Bank Nifty Trade Plan for 11th Nov 2021 - Weekly Expiry
BN was trading in a range between 200 points after a gap down open. As I said still Weakness out there.
Tomorrow expecting BN to Open same level or small gap down, being expiry mostly rangebound market we can see between 38900 - 39100.
In case CPR breaks down we can expect more fall up to target 38800 and my expectation as per Option analysis BN will touch 38500 before closing.
We can look for Sorting opportunity if 38950 breaks on the downside and you can see the levels for tomorrow on the chart.
Happy Trading!!! :-)
BN was trading in a range between 200 points after a gap down open. As I said still Weakness out there.
Tomorrow expecting BN to Open same level or small gap down, being expiry mostly rangebound market we can see between 38900 - 39100.
In case CPR breaks down we can expect more fall up to target 38800 and my expectation as per Option analysis BN will touch 38500 before closing.
We can look for Sorting opportunity if 38950 breaks on the downside and you can see the levels for tomorrow on the chart.
Happy Trading!!! :-)
Trade active:
As expected Small Gap down Open around 100 points today..
Trade closed: target reached:
Target Achieved Successfully
