Bank Nifty Update for 07th October 2021
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Bank NIFTY Swings are very tricky to pick, The Index has given a good correction and invalidated the previous impulse.
Now the impulse that we saw in yesterday's trading session should give a correction and from there we’ll set up our trade for today.
BANKNIFTY has closed in a no trading zone in the previous trading session.
37,820 to 37,900 is resistance zone, and 37,600-37,650 will act as a support.
We may not see a breakout/breakdown of this range today as today is Expiry and there are high chances of range-bound markets, but in case Index breaks the range then we’ll trade according to the Intraday data.
Trade Accordingly!
==============================
Bank NIFTY Swings are very tricky to pick, The Index has given a good correction and invalidated the previous impulse.
Now the impulse that we saw in yesterday's trading session should give a correction and from there we’ll set up our trade for today.
BANKNIFTY has closed in a no trading zone in the previous trading session.
37,820 to 37,900 is resistance zone, and 37,600-37,650 will act as a support.
We may not see a breakout/breakdown of this range today as today is Expiry and there are high chances of range-bound markets, but in case Index breaks the range then we’ll trade according to the Intraday data.
Trade Accordingly!
Telegram: t.me/Virendrapandey81
Website: vpcapitalresearch.com
Follow us on Twitter: twitter.com/Virupandey81
YouTube: youtube.com/@codeviser
Website: vpcapitalresearch.com
Follow us on Twitter: twitter.com/Virupandey81
YouTube: youtube.com/@codeviser
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Telegram: t.me/Virendrapandey81
Website: vpcapitalresearch.com
Follow us on Twitter: twitter.com/Virupandey81
YouTube: youtube.com/@codeviser
Website: vpcapitalresearch.com
Follow us on Twitter: twitter.com/Virupandey81
YouTube: youtube.com/@codeviser
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.