1. If there is gapup on tommorow's session. we can expect strong bullish move.
2. In 5 minutes time frame if candle closes above 40820 level. We can take buy position upto 41666 level by maintaining trailing stoploss.
3. If banknifty crosses above 41915 level we can expect bullish move upto 42750 level.
4. If banknifty moves below 39600 level we can short sell.
5. Range boundness can be seen in between 39600 - 40820 level.
2. In 5 minutes time frame if candle closes above 40820 level. We can take buy position upto 41666 level by maintaining trailing stoploss.
3. If banknifty crosses above 41915 level we can expect bullish move upto 42750 level.
4. If banknifty moves below 39600 level we can short sell.
5. Range boundness can be seen in between 39600 - 40820 level.
Trade closed manually:
Banknifty has created range boundness.