Hello traders,
1. Banknifty if opens flat can give a good trade. Breaking either side of rectangle, will straight away give 250 points.
2. Banknifty is already inside the parallel channel, which shows it is already in weak zone. Higher chances are there that it can touch 37750 if breaks 38050.
3. We will atleast for today will not for call options. Let it close at some higher level. Patience is the key
1. Banknifty if opens flat can give a good trade. Breaking either side of rectangle, will straight away give 250 points.
2. Banknifty is already inside the parallel channel, which shows it is already in weak zone. Higher chances are there that it can touch 37750 if breaks 38050.
3. We will atleast for today will not for call options. Let it close at some higher level. Patience is the key