Bank Nifty is looking weak below it's Supply Zone @ 23600-23800. If it will not able to sustain above 23600 then I may short 24000 call option... Once it will sustain below 23500 and if it will give follow through below this level then I may take a short position in Fut for the target of 23250-23200. If it will sustain below 23200 then next target will be 23000.
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After gap down...BNF is trading in the first 30 min opining candle ... So my focus on stock specific today...because not accepting juicy trade in BNF today...
@deenakumarv, hi. After gap down BNF is @ support level and sideways..not interested in trade in Bank Nifty today....I am focusing on my Maruti and Biocon trades...