Bank Nifty Trade Plan for 18th Nov 2021 - Weekly Expiry
As I posted in my previous ideas, BN is showing weakness and it has changed its trend from Bullish to Bearish. Expecting market to touch 36000 in the upcoming sessions.
For tomorrow the levels you can see in the Chart.
If Opens Gap down we can see more selling pressure and more volatile market tomorrow...
Yesterday, we entered into a trade for tomorrow's expiry. We also discussed about the presence of strong resistance around 14650 to 14660 levels for Nifty50, that is where we have observed some correction or reversal. Our trade for Sell 14800CE is intact, while we have shifted the short position of 14150PE to 14250PE which is a safe bet.