Had banknifty moved just a little similar to way nifty moved, I was expecting a solid swing of around 350-400 point in total till this weekly expiry.
If anyone has any idea what can work as a trigger for tomorrow's trading, plz mention in the comments.
Yes, there is a trendline. But the ways zones have come out, I am certain that trading the trendline breakout tomorrow for long side would probably not give a stable sl or a proper risk to reward. Then only good thing that can happen is we get a gap up tomorrow on banknifty beyond UZone, in that case we can just ignore the trendline and trade the bounce from UZONE. Yes there is call writing, but obviously cannot be predetermined to short banknifty when nifty gave a promising closing. Lets see.
And yes, HDFCBANK's current 3 min top is 1286.35