Bank Nifty - Intraday Levels for 19 Oct 2022

Banknifty Intraday levels for Tomorrow..

Expectation : Flat to Small Gap up Open - Bearish Reversal from Previous Day High. Any breakout above PDH then Target 1 & 2 will be tested.

Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will become Support.

For quick scalping, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.

Refer the chart for detailed Intraday Support and Resistance levels.

Happy Trading!!