BANK NIFTY
Important Levels for 28/10/2022.
Will still iterate the fact that sellers are still in control. Even though we witnessed a sharp up move in the later stage it was not backed by good volumes.
For tomorrow, we can short once we sustain below PDL @ 41178. The immediate target to look shall be 41030 followed by the old buyer reference at 40686-40790.
For longs, will look for scalps as not seeing any proper RR setup at CMP.
Will still iterate the fact that sellers are still in control. Even though we witnessed a sharp up move in the later stage it was not backed by good volumes.
For tomorrow, we can short once we sustain below PDL @ 41178. The immediate target to look shall be 41030 followed by the old buyer reference at 40686-40790.
For longs, will look for scalps as not seeing any proper RR setup at CMP.
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