BANKNIFTY ANALYSIS WITH LOGIC:
1.If there's flat opening and price closes in between 42920 - 42787 levels with first 15 min candle we will not take any kind of trades.
2.If price crosses 42920 level with strong 15m candle we will take long position up to 43295 level,
3.If price crosses 42787 level with 15m candle it should retest those level. then only we will plan for sell side up to 42500 level.
4.May have volatile trading session due to weekly expiry.
Have a safe and profitable day :)
1.If there's flat opening and price closes in between 42920 - 42787 levels with first 15 min candle we will not take any kind of trades.
2.If price crosses 42920 level with strong 15m candle we will take long position up to 43295 level,
3.If price crosses 42787 level with 15m candle it should retest those level. then only we will plan for sell side up to 42500 level.
4.May have volatile trading session due to weekly expiry.
Have a safe and profitable day :)