BankNifty Intraday view for 18-10-2021
Good evening all,
In my forthcoming week's view, I have indicated the index to reach 40,000 - 40,200. And it could do that if it needs to sustain the 39000 levels. Hence the Monday session is very important. It will define the week for us. Largely again, 39300 - 39000 looks like a range.
So;
Long side view:
LET US WAIT AND SEE
---------------
Short side view:
Sell below 38775
Short Target 1 zone 38615 - 38570
TSL below this
Target 2 - 38490
Target 3 - 38375
(Short SL - 38900)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., hit like, follow me, and do spread the word.
In my forthcoming week's view, I have indicated the index to reach 40,000 - 40,200. And it could do that if it needs to sustain the 39000 levels. Hence the Monday session is very important. It will define the week for us. Largely again, 39300 - 39000 looks like a range.
So;
Long side view:
LET US WAIT AND SEE
---------------
Short side view:
Sell below 38775
Short Target 1 zone 38615 - 38570
TSL below this
Target 2 - 38490
Target 3 - 38375
(Short SL - 38900)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., hit like, follow me, and do spread the word.
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