BANK NIFTY

Important Levels for 21/10/2021.
What we saw today has made one thing clear that the buyers are still in control as we witnessed the sellers being absorbed in the old buyer reference area 39932-39960.
If we see a flat opening tomorrow, any small dips till 40122-40180 can be bought with SL placed at 40075 for initial targets of the seller reference from yesterday 41381-41441 followed by PDH at 40600-40667.
Shorts can be taken if we see a big gap at the open or if we see prices below today's low @ 39800. Safe traders can avoid shorts for tomorrow.
orderflowtradingVolume

Also on:

Disclaimer