Nifty Bank Index已更新

Bank nifty Intraday levels for 21.10.2022

Resistance level: 40072.65
Support level : 39867.30

****Fib Retracement levels will act as the support or resistance****

If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are consolidating in buy zone or sell zone, wait for the breakout
If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart.

Note: Pls check my previous day idea for better understanding & how it works

Please let me know in comment section if you have any queries and like the idea If you agree with the analysis.

Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
交易進行
Bank nifty upside targets 40732.70-40843.30
After reaching 40843.30 will consolidate between 40732.70 and 40843.30
註釋
40732.70 is reached. After this BN will try to touch 40843.30 level.

Today bank nifty Movement almost over. After this range bound only.
交易結束:目標達成
As i said 40843.30 is reached now.

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