GOPISRI

Bank nifty trades and targets - 18/6/24

NSE:BANKNIFTY   Nifty Bank Index
Hello Everyone. The market was in a very tight range the today. We had 3 holidays so premium decay at the start will be huge so do not trade for first 30 minutes, let the market settle. The zones marked in blue are previous resistance and support so book profits at these zones. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades.
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