BANKNIFTY ANALYSIS FOR [21-10-2022]NSE:BANKNIFTY
Banknifty all essential levels are marked on the chart.
Its moving in a channel and facing heavy resistance at the top so trade with caution on long side.
We might see the market opens on a negative note.
Always trade with stoploss to avoid big drawdowns
=Nifty doesn't look good for now so I will be avoiding trades in it
please like and comment if you like my analysis
Happy trading,
keep learning.
Swingsetup
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Entry: Above 606
Target 1 - 700
Target 2 - 750
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.