this_is_shoaib

Banknifty 3rd November setup

this_is_shoaib Updated   
NSE:BANKNIFTY   Nifty Bank Index
For BankNifty 2nd november proved to be a range-bound day we bought CE at supports and PE at resistance.
As we thought BankNifty gave a good move of near 200+ points after crossing 39850 which gave us more than 70+ points move in CE.

Views for tomorrow, mostly Range-bound but good moves can be expected after breaking the Range.

For 3rd November :
Buy Above - 40100
Sell Below - 39780

Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks
Trade closed: target reached:
And Profits done
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.