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GenkeiFutura

BankNifty Trade setup Idea for 13-september-2022

Nifty Bank Index (NSE:BANKNIFTY)  
GenkeiFutura  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY bankniftytrend bankniftytradesetup bankniftyanalysis bankniftyview bankniftytrading bankniftyintradaylevels bankniftylevels bankniftyoptions
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trendanalysis chartpattern indicator banknifty bankniftytrend bankniftytradesetup bankniftyanalysis bankniftyview bankniftytrading bankniftyintradaylevels bankniftylevels bankniftyoptions
BankNifty was trading in a range yesterday between 40680 and 40520 levels. There was not much of a trade for options buyers(unless you were a scalper).
Today there could be a break out or break down from this range.

My Plan:

- If the market opens flat(40600 levels) or gaps up, then I would would go long once it crosses 40700 levels.

- If the market opens flat or gaps down, then I would go short in intraday once it crosses 40500 levels.

- If there is a big gap down, then there would be panic in the market, which could bring the market down further.
Aviso legal

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