BANK NIFTY for 18 Oct 2021
Support & Resistance
R2-39600
R1-39377
39260-39377----- No Trading Zone
S1- 39260
S2- 38793
S3- 38588
* trend is bullish but Small Correction may be possible So safe or new traders avoid to buy call option
* if market open gap up wait for sustain and buy put Option below no trading zone
* if market open gap-down buy put option after breaking support trendline
* may buy call option if market bounce-back form support
BANKNIFTY
R2-39600
R1-39377
39260-39377----- No Trading Zone
S1- 39260
S2- 38793
S3- 38588
* trend is bullish but Small Correction may be possible So safe or new traders avoid to buy call option
* if market open gap up wait for sustain and buy put Option below no trading zone
* if market open gap-down buy put option after breaking support trendline
* may buy call option if market bounce-back form support
BANKNIFTY
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