BANKNIFTY SIDEWAYS OR UPTREND DECIDES UPON OPENING
BANKNIFTY IF OPEN FLAT THEN ITS BUYING CAN HAPPEN BUT 30000 ROUND LEVEL RESISTANCE WILL BE PRESENT SO BETTER EXIT AT 29950
IF MARKET OPEN GAP UP THEN FIRST IT WILL COME FOR-PROFIT BOOKING AND FRESH BUYERS WILL COME AFTER 10 AND THE MAY GO SIDEWAYS THEN UPTREND TILL AROUND 30000
I THINK IT WOULD BE BETTER IF OTM PE 29500 SHORTING
IF GAP DOWN THEN SIDEWAYS MARKET AS TODAY GOT PRICE REJECTION WAS THERE AT BOTTOM AND ALSO BUYING HAPPENED GOOD ENOUGH TO MAKE MARKET BELIVE AGAIN TO UPTREND
IF MARKET OPEN GAP UP THEN FIRST IT WILL COME FOR-PROFIT BOOKING AND FRESH BUYERS WILL COME AFTER 10 AND THE MAY GO SIDEWAYS THEN UPTREND TILL AROUND 30000
I THINK IT WOULD BE BETTER IF OTM PE 29500 SHORTING
IF GAP DOWN THEN SIDEWAYS MARKET AS TODAY GOT PRICE REJECTION WAS THERE AT BOTTOM AND ALSO BUYING HAPPENED GOOD ENOUGH TO MAKE MARKET BELIVE AGAIN TO UPTREND