Important levels for 18/10/2022.
Despite the big Breakout if Bank Nifty, we could not break the seller reference from the last session in Nifty.
Tomorrow a flat open followed by breaking 17325, we can take longs with initial targets of the old seller reference at 17390-17408. Once we sustain above it, there is a chance of price testing 17449-17473.
On the short side, not seeing any trades unless we sustain below 17180 or we witness a massive gap at the open
Despite the big Breakout if Bank Nifty, we could not break the seller reference from the last session in Nifty.
Tomorrow a flat open followed by breaking 17325, we can take longs with initial targets of the old seller reference at 17390-17408. Once we sustain above it, there is a chance of price testing 17449-17473.
On the short side, not seeing any trades unless we sustain below 17180 or we witness a massive gap at the open