BANKNIFTY ANALYSIS WITH LOGIC:
1. If there's flat opening and moves downwards price should retest 39130 level should form 15m bullish candle. Then only we will take long positions up to 394645 level by maintaining trailing stoploss.
2. Maximum range boundness can be seen during today intraday session on bank nifty.
3. If there's gap up price should sustain above 39465 level should form 15m bullish candle by retesting the level, then we can take long position up to 39770 level.
4. If trading in options, try to take ITM call options for better edge.
Have a safe and profitable day :)
1. If there's flat opening and moves downwards price should retest 39130 level should form 15m bullish candle. Then only we will take long positions up to 394645 level by maintaining trailing stoploss.
2. Maximum range boundness can be seen during today intraday session on bank nifty.
3. If there's gap up price should sustain above 39465 level should form 15m bullish candle by retesting the level, then we can take long position up to 39770 level.
4. If trading in options, try to take ITM call options for better edge.
Have a safe and profitable day :)
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