Bank Nifty - The Sideways Trap -Outlook for 21st March 2023

Index till the time holds below 39699 which was closing high for 17th March 2023 in gap up move tomorrow @ 21st March 2023 & falls 300-400 points down & remains above mini double bottom of 38926 & 38941 then we can have another push upside towards 39699 / 39914 / above 39914 towards 40690's approx.

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Comment:

11:10 am / 21st March 2023

Last @ 39511

39472 is the key level & crossing above 39614 -Opening high for the day & crossing "above" careful as it can be sharp upside move, later it should cross 39699 highs as well for double confirmation

Comment:

12:38 pm

Trade closed: target reached: