BANKNIFTY LEVELS 03/05/2023
BANKNIFTY ANALYSIS WITH LOGIC:
1. Considering today levels if there's flat opening or gap down price will move downward direction should break with strong candle below 43295 level then only, we will short up to 43065 level.
2. Consolidation may occur in between 43295 - 43450 level.
3. If there's gap up price may act more volatile and may break 43450 level with bullish candle during second half from that point, we can take long position up to 43600 level.
4. My act more vigorously after crossing 43600 level maintain strict stoploss while placing trades.
Have a safe and profitable day :)
1. Considering today levels if there's flat opening or gap down price will move downward direction should break with strong candle below 43295 level then only, we will short up to 43065 level.
2. Consolidation may occur in between 43295 - 43450 level.
3. If there's gap up price may act more volatile and may break 43450 level with bullish candle during second half from that point, we can take long position up to 43600 level.
4. My act more vigorously after crossing 43600 level maintain strict stoploss while placing trades.
Have a safe and profitable day :)
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