Bank Nifty trade plan for 07-Oct-2020
BNF trade plan for 07-Oct-2020 using volume profile:
Upside: Crossing and sustaining above 22900 leads to upside target of 23000 and sustaining above it leads all the way up to 23500.
Downside: 22700 - 22500 will provide good support. Breaking below 22400 leads to targets of 22100, 21750, 21600, 21450.
There is a RSI divergence in 2hr TF and need some more candle confirmation.
Upside: Crossing and sustaining above 22900 leads to upside target of 23000 and sustaining above it leads all the way up to 23500.
Downside: 22700 - 22500 will provide good support. Breaking below 22400 leads to targets of 22100, 21750, 21600, 21450.
There is a RSI divergence in 2hr TF and need some more candle confirmation.
@aravindleo_99
