NIFTY BANKNIFTY Expiry day Trading 22OCT
22-OCT:
#NIFTY Key areas are 11930-50F region for bullish bias to continue on a swing basis and break below 11820F for a bearish play
1. Long abv 11930F for a test of 11990/12040
2. short on hold below 11850F for a move to 11820/11760
expecting rotation and consolidation day to build a range within yday large range
#BANKNIFTY Key areas are 24700-780F areas for a bullish break out.expecting consolidation on hold below
1. rotation play between 24750 and 24300 regions for pullbacks
2. break below 24300 for a test of swing support areas of 24100
#NIFTY Key areas are 11930-50F region for bullish bias to continue on a swing basis and break below 11820F for a bearish play
1. Long abv 11930F for a test of 11990/12040
2. short on hold below 11850F for a move to 11820/11760
expecting rotation and consolidation day to build a range within yday large range
#BANKNIFTY Key areas are 24700-780F areas for a bullish break out.expecting consolidation on hold below
1. rotation play between 24750 and 24300 regions for pullbacks
2. break below 24300 for a test of swing support areas of 24100