Bank Nifty trade plan for 22-Oct-2020

BNF Trade plan for 22-Oct-2020 using Volume Profile:

Sustaining above 24900 leads to upside target of 25000, 25200.
Resistance is ~24700 - 24900.
Support is ~24200 - 24000

Comment:

In the opening 24400 held the support and once reached 24650 its facing resistance. Either it should break out (24700 - 24750) or break down below 24400 - 24350 to have a good move else it may be in sideways.

Comment:

Till now its sideways. Writers are eating the premiums. Someone has to give up. Not sure who it is..

Comment:

BNF has formed a trendline and its unable to break from the morning