bank nifty plan for 23/2/23

Feb 23, 2023

expecting gap down opening near yesterdays low of 39900. negative out look to continue on account of global cues. support levels 38820-800/39620 and then at 39450(budget day levels). going by OI data, the expiry should be in range 39700-39800. expect good amount of volatility and should provide good scalping opportunity. trade in small quantities and with strict stoploss and money management. It is likely to be a tough expiry for retail traders