Bank Nifty-29/12/22

Here are the levels for bank nifty to trade for tomorrow. Today on Day TF price formed a inverted hammer candle stick pattern which is is sign of reversal from bullish to bearish. only this pattern is valid if the price breaks and closed below the day low. then we may expect the downside move . and if it breaks the day's high then we may expect the bullish move. always confirms the trade with volumes. And as I mentioned in the imp support can be booked as targets. if might reversal may happen so book your profits there. Don't trade in between the range as it is to volatile to trade. If the price breaks the day low we can expect a downside move further.
for option sellers : if the price moves in between the range of today high and low then u can sell options and wait till the evening as it is expiry.

DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.