BANKNIFTY INDEX FUTURESViés de baixa
BANK NIFTY
Important Levels for 28-10-2021.
Bank NIfty remained in range most of the time today and then the bears gained control and closed almost at day's low. Tomorrow we can witness a major fall unless we stay above 41085.
If we open flat, any up move till 40935 can be sold with SL of 41000 for targets of 40860,40750 and 40660.
Else we can take shorts below 40860 with SL of 40935 for targets of 40750,40660 and 40440.
Longs to be taken only above 41340.
Option data indicates bearishness.
Can witness a highly volatile expiry, trade cautiously.
Bank NIfty remained in range most of the time today and then the bears gained control and closed almost at day's low. Tomorrow we can witness a major fall unless we stay above 41085.
If we open flat, any up move till 40935 can be sold with SL of 41000 for targets of 40860,40750 and 40660.
Else we can take shorts below 40860 with SL of 40935 for targets of 40750,40660 and 40440.
Longs to be taken only above 41340.
Option data indicates bearishness.
Can witness a highly volatile expiry, trade cautiously.
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