BankNifty Levels for Expiry Wednesday 18th Oct

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Rakesh's View

Strategy:- Support&Resistance

Resistance 44550
Support 44350

Levels to React

44550 Above long
Targets 44600,44700,44770,44900
44350 Below Short
Targets 44250,44200,44150,44050

Support and Resistances area can act as reversal location also pleace keep watch price action on those areas and take Entry accordingly.

Give a like to Rakesh will update more in live market

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ملاحظة

restested 444350 from below target one acheived

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ملاحظة

44250 area will act as support if breaks will go for next targets below.If held need see price action i suggest not to go long wait today expiry premium decay will happen

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ملاحظة

im long , not at trade suggestion please do your analysis before entry small risk taking here

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ملاحظة

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ملاحظة

Booked half exited me rest at break even

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ملاحظة

44350 below all targets acheived , my long take purely based on my experience and managed book half exited rest at break even ,
i cautioned ealier above comment not to go long