Niftybank intraday trading levels 03-11-21

 1. Nifty bank will be bullish above 40100. Focus on the result of SBI around 1 PM for good trade.

2. If open flat and crosses 40100 with 15 minutes green candle then target 1 = 40400; target 2 = 41000; target 3 = 41800; target 4 = "OPEN". You will expect very fast movement if Nifty bank crosses 40400 level.

3. If open GAP-UP, then wait for the upper levels to cross by making range, then trade the range when it crosses to achieve upper level targets.

4. Nifty bank will be bearish below 39600

5. If open flat and crosses 39800 with 15 minute red candle then target 1 = 39600; target 2 = 39200; target 3 = 39000; target 4 = 38800; target 5 = 38500 (which is a strong support). To achieve these levels there will be slow movement downside.

6. If open GAP-DOWN then avoid trade as there are many support zone from where Nifty bank will bounce-back for upside target.