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Banknifty Intraday View

Munmun Chatterjee

Technical Analyst, owner of TRADEMANIAC

Sep 29 , 2022 / 08:55 AM

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Banknifty buy above 37804 (Level is given for Banknifty Index as today is expiry). My target is 38020,38230,38370,38743,39061 (level is given here for Index).

This is a positional trade. Buy 38000 call of next week expiry and sell 38500 call sell of next week expiry.

Stoploss is 37620 (banknifty index)

Banknifty may open at 37900-38000 and may reach 38140,38230. If banknifty unable to hold 38140, then may slip towards 37800.

TV chart:- -https://in.tradingview.com/chart/BANKNIFTY/yzCXj87I-Banknifty-Future-Intraday-Positional-view/