Omahto

BANKNIFTY Intraday Trade Setup For 22 Nov 2021

NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY Intraday Trade Setup For 22 Nov 2021
Buy-Above 38240
Sl-38140
T-38370 38513

Sell-Below 37740
Sl-37840
T-37520 37400

#BANKNIFTY has created a base in the last trading session, also the major hourly trendline is nearby it can take resistance and can also break. So Be alert at the hourly trendline .
If the breaks then we can see some late short-sellers stop losses trigger resulting a upside movement.

But if index breaks the last trading session's low-3770 then simply short for the target of 37500.
37500 is a psychological level. Book 80% here.

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