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Banknifty Intraday View

Munmun Chatterjee

Technical Analyst, owner of TRADEMANIAC

Oct 13 , 2022 / 09:09 AM

#banknifty •  #banknifty-view • #Bankniftyanalysis • #trademaniac •  #sharemarket •  #optionbuy •  #bankniftyStrategy • #BreakoutTrading • #swingTrading • #Intradaytrading •  #bankniftyTradeSetup •  #TrademaniacBestInstituteofShareMarket

If price of banknifty fut rejects from PDH-39260, We can take short trade. Target-39200, 39125, 39040

39040 is support. If banknifty takes support here we can buy above 39125 for the target of 39250. If Banknifty break 39250 with volume next target is 39399.

If it breaks 39040 in  downside then free fall can be expected. My target is 37900 that means more than 1000 points fall.

Tv chart:-https://in.tradingview.com/chart/BANKNIFTY1!/njbI5uPm-Banknifty-Future-Intraday-Positional-view/