BANK NIFTY
Important levels for 30/09/2022.
We wished for a gap up for better trades and we got good results. The bears took control in the morning but post 12pm they could not do much and we did not see much action.
For tomorrow, we will be taking fresh shorts only below 37600. Our initial targets should be 36305 and if we still sustain below it, we can set final targets at the old buyer reference area of 36553-36775. This target may not be achieved intraday but on a positional basis.
Will give longs a miss or play with reduced quantities above 38156 for targets of 38327 and 38404.
As we will be starting a new contract the spot levels can be more accurate, we cab short below 37550 for targets of 37230.
We wished for a gap up for better trades and we got good results. The bears took control in the morning but post 12pm they could not do much and we did not see much action.
For tomorrow, we will be taking fresh shorts only below 37600. Our initial targets should be 36305 and if we still sustain below it, we can set final targets at the old buyer reference area of 36553-36775. This target may not be achieved intraday but on a positional basis.
Will give longs a miss or play with reduced quantities above 38156 for targets of 38327 and 38404.
As we will be starting a new contract the spot levels can be more accurate, we cab short below 37550 for targets of 37230.
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