Banknifty Expiry Trade setup for 25-10-23

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BankNifty important levels to watch are as follows

#Support: 43160

Sell below: 43160 only on 15 minute candle closure below the level.
Target 1: 43000
Target 2: 42850

#Resistance: 43360

Buy Above: 43360 only on 15 minute candle closure Above the level.
Target 1: 43525
Target 2: 43700-710

=> # 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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