Banknifty future chart analysis for 13.10.2023

2023年10月12日

if price goes above 44869 then it can give you a quick 80 to 100 points move
, but a sudden break down from top may happen so be careful.crossing above
45002 will surely push price to the level of 45144.

Squeeze getting shorter but angled upside, in this situation if it gets
broke down then it have to face lots of strong support quick bounce
moves, which is the reason to sl most of the time.
but if price remains below 44600 for about 10 to 20 minutes then you can see a weakness in price
and it may go much lower side.