Technical Analyst, owner of TRADEMANIAC
Disclaimer:-
I am NOT a SEBI registered advisor or a financial adviser. All trades are shared here for education purpose only. FB GROUP:-https://www.facebook.com/groups/811281102922721/?ref=share
utube:-https://www.youtube.com/channel/UCFRDKHJV7DXJlBeipLRPDYQ
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Banknifty future today may open flat and try to touch 40975-41000 zone which is the shaded zone. If Banknifty unable to sustained here, we may have seen 40600 on the chart today.
All support and Resistance are drawn on the chart. Today my prediction is that Banknifty Future may touch the shaded region that I have drawn on the chart. If banknifty future rejects from the shaded area we can buy put with the SL of upper line of the shaded region. You can buy atm or slight ITM put along with the selling of 500 points far OTM if you get the above-mentioned scenario. Above shaded region, it'll turn bullish. As Banknifty stands on daily support area and PCR is in oversold zone, anytime bounce back possible. so, take all the trades with strict SL. Above the shaded region we can take buy trade.
Draw the level as I mentioned on the chart :-https://in.tradingview.com/chart/BANKNIFTY1!/h5cYddiW-Banknifty-Future-Intraday-view-19-09-2022/
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XAUUSD:-XAUUSD sell below 1671
target 1668.60,1667,1665,1664,1660
SL 1676
** All levels are mentioned here for educational purpose.