Bank Nifty Spot View For: 20/02/2023
Cmp: 41131
Support & Downside Range: 40873—40607--40247
Resistance & Upside Range: 41400—41655--41980
Short Term Trend Reversal Level: -- 43150
Check our accurate Bank Nifty Option Tips now and say good bye to your losses.
Trading View: In today's intraday trading session key level to watch is 40873 spot levels if this gets breach again then we may see fall towards minimum 40607 and max 40247 spot levels whereas if bank bulls manage to hold 40873 then we may get minimum upside pull back till 41400 and max 41655 in today trading session.
The market is looking bearish. Stay with bearish trades only. No longs for now. Any uptick, look for a sell opportunity
Strategy : Sell when market crosses the low.
Positional: Sell calls, Bear Put Spreads.
Keep your buys instinct under control as George Soros statement is going to affect Indian stock market leading to fall in the market.
