Hi we can see banknifty gaping down to flattish in the morning. And after that we will wait for a bounce and short it. We can short with the target of 20650 and 20200. Today everyone was waiting for 23000 but as always we are one step ahead. I told to short nifty near 1:40pm and nifty premium gave 100% in 15 minutes. For live market updates you can dm me.
Trade closed: target reached
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Shorted near 21450 and covered near 20650 at our resistance. Our trade Short 21200 ce near 550 and covered at 200.