The technical chart is sayingbthe banknifty is ready to cross 38000 in next trading session, current level would be considered as support, now no chance to more down, however wait till 09:30 watch the candel and than put your position for CE.
This is suggession and 100% my view, your trade would be your responsibility.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.