Bank Nifty - Intraday Levels for 03 Nov 2022

Banknifty Intraday levels for Tomorrow..

Expectation : Flat / Small Gap Down Open around 41100 or below

Bank Nifty likely to Open Small Gap down, If any breakout below 40918 we can initiate SELL trade and Target 1 & 2 will be tested.

Any close above 41200 we can see Good upmove in BN.

Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will become Support.

For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.

Refer the chart for detailed Intraday Support and Resistance levels.

Happy Trading!!