its looking banknifty might give a pullback , most of the index constituents are oversold in hourly time frame, trade according to the chart.
Comment
⋅
stop triggered, exit position if any and wait for 37950.
Comment
⋅
those who have followed my chart must have initiated a long position at 37948, as I had mentioned to wait for it. today as expiry with weekly close it is less likely to close below it, so keeping a stop at it a long position can be created for 38400 and 38750.