Banknifty Expiry Trade Setup for 11-10-2023

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BankNifty important levels to watch are as follows

#Support: 44330

Sell below: 44330 only on 15 minute candle closure below the level.
Target 1: 44200
Target 2: 44020
Target 3: 43840


#Resistance: 44490

Buy Above: 44490 only on 15 minute candle closure Above the level.
Target 1: 44620
Target 2: 44760
Target 3: 44890



=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.

=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.



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#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
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demand and supply zones as per 3 min timeframe chart.
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Price rejected after hitting target 1 on the upside, currently price is in no trading zone, wait patiently for breakout of demand or supply zones and take entry only on breakout on either side.

please use SL as per your risk appetite and manage your position sizing accordingly.
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