BANK NIFTY
Important levels for 26/08/2022.
Hope everyone had a wonderful expiry. As the contracts have changed, we will look at spot charts for a couple of days and then back to future charts.
Once we break today's low the next reference to look forward for old buyer zone is around 38502 followed by 38319-38225. We can expect a slight support at 38680 regions. Safe traders can book part here and trail for lower targets.
The sellers of today are present at 38305-38419 levels and in case we see any up move, these reference area should act as resistance. Any intra longs taken shall look to these zones as final targets.
Hope everyone had a wonderful expiry. As the contracts have changed, we will look at spot charts for a couple of days and then back to future charts.
Once we break today's low the next reference to look forward for old buyer zone is around 38502 followed by 38319-38225. We can expect a slight support at 38680 regions. Safe traders can book part here and trail for lower targets.
The sellers of today are present at 38305-38419 levels and in case we see any up move, these reference area should act as resistance. Any intra longs taken shall look to these zones as final targets.
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