32600 perfect sell zone BNF

Apr 23, 2021

BANKNIFTY
CMP 31722 on 24 Apr 21
since it is the last week of expiry and as a matter of fact that NSE:BANKNIFTY tried to break its one month trendline, we can see some bounce back cominh in the market next week.
so, for shorters , i see 32600 levels as the perfect selling zone henseforth.

as far as next month expiry is concerned, 28000 levels can be seen in very near future

Apr 26, 2021

Note

32600 target reached. now positions will b changed to strangles with mild bearish outlook