NIFTY & BANKNIFTY - Trading Plan for 20 OCT & Week
#NIFTY Key areas is ability to hold above 12865 areas for bullish continuation
Failure to hold above will likely turn the week as a rotational week.
1. We will look to rotate to test 11820F /11750F
2. Above that the move to 11925F is still on
#BANKNIFTY key levels re 24200-250 from previous session,
1. Ability to hold below will likely to test 24385F and above.
2. failue to Hold above will likely to test back 11920F areas and lower
Failure to hold above will likely turn the week as a rotational week.
1. We will look to rotate to test 11820F /11750F
2. Above that the move to 11925F is still on
#BANKNIFTY key levels re 24200-250 from previous session,
1. Ability to hold below will likely to test 24385F and above.
2. failue to Hold above will likely to test back 11920F areas and lower