Banknifty all essential levels are marked on the chart. Its moving in a channel and facing heavy resistance at the top so trade with caution on long side. We might see the market opens on a negative note.
Always trade with stoploss to avoid big drawdowns
=Nifty doesn't look good for now so I will be avoiding trades in it
please like and comment if you like my analysis Happy trading, keep learning.
@subashchandramohanty61, By seeing global market the signals are on negative side but it opened and crossed our resistance level so we bought calls, you are right I said negative and it opened positive that's right but trading is not a game of prediction its more like keep ourself flexible enough and be prepared for any scenario.