BANKNIFTY : Trading Strategies for December 14, 2023

**BankNifty Trading Strategies for December 14, 2023**

**1. Opening Above 47130:**
- *Buy:* Initiate a buy position if BankNifty opens above 47130.
- *Stop Loss (SL):* Set a stop loss at 47046-47030.
- *Target:* Aim for levels between 47380-47330.

**2. Gap Up Opening Near 47300:**
- *Buy:* Consider buying if the market sustains above 47440.
- *SL:* Set a stop loss at 47270.
- *Targets:* Look for levels around 47673-47800.
- *Sell:* If prices slip below 47380, consider a short position.
- *SL:* Place a stop loss at 47437.
- *Targets:* Aim for levels of 47100-47050.

**3. Negative Opening Below 46900:**
- *No Trade:* Avoid trading until prices sustain below 46900.
- *Short Entry:* If BankNifty trades below 46900, consider a short entry.
- *SL:* Set a stop loss at 46950.
- *Targets:* Look for levels around 46750-46737.

**4. Buying Opportunity on Downside:**
- *Buy Zone:* Around 46737 presents an excellent buying opportunity.
- *Target:* Aim for levels of 47000-47200.
- *SL:* Set a stop loss at 46680.

*Note: These strategies are based on the assumption of a retracement move and may vary based on market conditions. Always use proper risk management and stay updated on real-time market movements.*