BANK NIFTY
Important levels for 23/09/2022.
A close right in the middle of the day's range with the control in the hands of the sellers.
Tomorrow once we break and sustain below 40624, we can look for shorts as there is a high probability of the price testing today's low @ 40414. The next targets can be 40310 followed by the old buyer reference area of 40020-40100. SL can be max of 60-80 points.
On the upside, would prefer to give a miss but risk loving traders can take longs above 41002 with reduced quantity and tight SL for targets of 41220-41390.
A close right in the middle of the day's range with the control in the hands of the sellers.
Tomorrow once we break and sustain below 40624, we can look for shorts as there is a high probability of the price testing today's low @ 40414. The next targets can be 40310 followed by the old buyer reference area of 40020-40100. SL can be max of 60-80 points.
On the upside, would prefer to give a miss but risk loving traders can take longs above 41002 with reduced quantity and tight SL for targets of 41220-41390.
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