Nifty Bank Index
Long
Updated

BANKNIFTY LEVELS 20/02/2023

BANKNIFTY ANALYSIS WITH LOGIC :

1. If price opens above 41010 level we can take buy position upto 410333 level.
2. If there's gapup and opens above 414555 level we can take buy position upto 41915 level
3. If price opens above 41333 level we can short sell upto 410610 level.
4. Maintain sl strictly while taking ITM premiums.

HAVE A PROFITABLE DAY. THANK YOU

Note
If there's huge gapup and closes below 40915 level. we can short upto 41655 level.
Note
Banknifty is creating range boundness.

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