MY BN pre market view for expiry day 20/4/23
42000 is strong support level. expiry trade range likely to be 41700-42600 as per OI data with expiry expected around 42300.
my trade setup:
expecting GAP -Up opening around 42220 and rejection to 42100 levels before moving up. long position at about 42120 with sl at 42050 for target of 42200/42300/42350.
short position if falls below 42000 and sustains. then downside expected till 41700
42000 is strong support level. expiry trade range likely to be 41700-42600 as per OI data with expiry expected around 42300.
my trade setup:
expecting GAP -Up opening around 42220 and rejection to 42100 levels before moving up. long position at about 42120 with sl at 42050 for target of 42200/42300/42350.
short position if falls below 42000 and sustains. then downside expected till 41700