iPrashantStock

Banknifty Analysis for 18 April 2022 - Breakout Trade Intraday

Short
NSE:BANKNIFTY   Nifty Bank Index
Banknifty is still in the range from the last six days.
Flat opening - Sell below 37400 with 5 min candle high SL and Target = 37200.
Gap up - Wait for price action because it can still be in the range due to gap up.
Gap down - Sell on any pullback for the target 37000. If big gap down happens then will see the price action before any trade.
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