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Bank Nifty Trade Setup for 12th October 2021Bank Nifty Trade Setup for 12th October 2021
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Our first target has been achieved in yesterday's trading session and the Index has given a dot reversal from the first harmonic prz. The Index is still bullish and tests our second target (38,766) as well. But the main question is when and how ...
You guys need to remember that every impulse has a correction and we have seen both of them in yesterday's trading session. An Impulse wave in the morning session and a correction in the second trading session. The index has enough fuel to test our second target (38,766). Confirmation is above 38,500...
Trade Setup
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Build your long position above 38,500 for the target of 38,750 to 39,000
Short Position can consider if Index close lower than 38,000 for the target of 37,800 to 37,500
Nifty Bank Futures Key Trading levels for 7Oct 2021Nifty Bank Futures Key Trading levels for 7 Oct 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyBank Key Support & Resistance for 6th Oct 2021NiftyBank Key Support & Resistance for 6th Oct 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together
BANKNIFTY : Trade plan for 15th July🕘 BANKNIFTY : Trade plan for 15th July🕘
👉🏻For Upside📈
If it cross 35,800 then buy with strict SL and next level will be 36,000
👉🏻For Downside📉
If It cross below 35,500 and have price action for downside then next level will be 35,400/35,250/35,000
👉🏻Support - 35,500, 35,400, 35,250
👉🏻Resistance - 35,800 - 36,000
👉🏻No Trade zone - 35,800 - 35,500