The plotted levels on the chart should be considered only when BANKNIFTY opens flat on 25-09-2023.
If BANKNIFTY opens GAP-UP or GAP-DOWN on 25-09-2023 then the following calculations must be considered:
Level 1 = OPEN PRICE (25-SEP) - 156.10
Level 2 = OPEN PRICE (25-SEP) - 322.10
Level 3 = OPEN PRICE (25-SEP) - 93.10
Level 4 = OPEN PRICE (25-SEP) + 156.10
Level 5 = OPEN PRICE (25-SEP) + 322.10
Level 6 = OPEN PRICE (25-SEP) + 93.10
Comment:
How is the magic?