Bank Nifty trade plan for 12-Oct-2020

BNF trade plan for 12-Oct-2020 using volume profile:

Upside: Sustaining above 23900 will attempt to move past the 24200. Testing of 1 & 2 area marked is bound to happen and if broken then 3 would be tested. Testing of area 4 and sustaining below it will signal trend change.

Downside: 23500 - 23400 will provide good support and may be tested multiple times.

Handel aktiv:

12-Oct-2020: 12:08:
Area 1 is tested twice now

Handel aktiv:

12-Oct-2020: 13:25:
Area 2 is tested now

Handel aktiv:

Area 3 tested and is moving up and crossed area 2. Trading view hanged & stopped updating ticks. Need to wait and see

Trade stängt manuellt:

Price was below the VWAP all day and due to NSE outages, its safe to close the trade.