Here is the plan: Banknifty is in range of 800-900 points since 2 weeks (i.e. 24th October to 4th November). so it will break either upside or downside. If goes upside trail SL swing to swing.
For positional buy above 41700(half quantity) and above 41850(add quantity) and sell below 40815 level target 40,000.
Also below 40800 there is bearish pattern break down(head and shoulder )
Disclaimer: It is only for education purpose.
BANKNIFTY
For positional buy above 41700(half quantity) and above 41850(add quantity) and sell below 40815 level target 40,000.
Also below 40800 there is bearish pattern break down(head and shoulder )
Disclaimer: It is only for education purpose.
BANKNIFTY
Comment:
Its 12:17 BNF will reverse from here or we will see level of 41100 tomorrow
Comment:
tomorrow 200+ points gap up => leave the market for the day.
for 50-100 points gap up => 1st 5 minute candle breakdown => down side move possible
for 50-100 points gap up => 1st 5 minute candle breakdown => down side move possible