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Banknifty Intraday View & Intraday level of Indigo

Munmun Chatterjee

Technical Analyst, owner of TRADEMANIAC

Sep 12 , 2022 / 08:57 AM

#banknifty • #banknifty-view • #share-market • #option-buy • #banknifty-strategy

BANK Nifty Future Trend Deciding Level: 40560-580
Intraday support -40380,40000
Intraday Resistance 40650,41000
I'm positionally bullish till 41300 (2 -4 days) ,42690-43000 (1 month-2 month)

Private banks did well as well as Psubank also
VIX sustained around 17.50
Icicibank seen marginally selling pressure at higher levels

BANKNIFTY may open flat near 40630 and may fall till 40350-80. Here sideways move can be expected. This is important zone for Intraday players. If sustained at 40380 then again upside rally can be expected till 40650,41000. If banknifty not sustained here, then it may fall till 40240, 40140

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Intraday stock:-Indigo sell below 1933

Target 1927, 1920,1911

SL 1938