I have a bullish Bias in Bank Nifty for today's expiry and expect a pullback and a further move up into the 48000
We have been below this 48K level since that HDFC fall
We also have a huge gap which is yet to be filled
So today and the next two days are a great opportunity to fill those gaps
I use ICT concepts to trade and my analysis is also based on that as well.
I look into OI data as an additional confluence for Indian Indices as I trade options.
We have an immediate resistance around 47200-300 levels
If broken we can see a move up to 47500-47800-48000 respectively (obviously not all on the same day)
Everything may go south if the 46700 levels are broken then we bleed!
Happy trading!
All praise to God!
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