BANKNIFTY Prediction Tomorrow 21 August 2024

BANK NIFTY Prediction for tomorrow the 21 August 2024

After getting a clear entry in BankNifty on 16 August at 50,322 using the Risological Swing Trading indicator, BankNifty met the first profit target today at 50,751

• Total lots purchased - 5 lots
  
• Lots closed at target 1 : 1 lot closed
  

The Risological dotted trendline is sitting at exact entry point. This means, if there is a surprise reversal, and the price closes below the Risological trend line, we will close the entire CE position and look for PE buy positions.

If the price continues in the CE direction the profit targets are marked in the chart for your reference.

Consider these as your key resistance areas as well.

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