there are 2 scenarios can happen when market opens at 9.15am.
Banknifty may open between 35200 & 35520, it may reach either 35200 or 35520 before 9.45 am.
1. So if it reaches 35200in , wait for bullish candlestick(15 min) then enter long and target 35520, 35680.
2. if it moves above 35520 before 9.45 am, we go on long & target 35680 then it will start fall below 35480( remember it may happen after 12 pm only)
over all market is gonna be sideway with positive bias.
Banknifty may open between 35200 & 35520, it may reach either 35200 or 35520 before 9.45 am.
1. So if it reaches 35200in , wait for bullish candlestick(15 min) then enter long and target 35520, 35680.
2. if it moves above 35520 before 9.45 am, we go on long & target 35680 then it will start fall below 35480( remember it may happen after 12 pm only)
over all market is gonna be sideway with positive bias.
Comment:
there is no bullish sign till now and it may happen after 12 pm
Comment:
still its on consolidation mode
Comment:
if price sustain above 35420 it will reach 35520
Comment:
price did not sustain and fell down