I don't give much weightage to monthly expiry closing, as there are FNO adjustments and little of fundamental works.
Entry Point:- Watch recovering from 13-15 range & DMI+ crossing DMI- & Increasing for entering trades.
Once the condition is met enter the trade.
Target:- 22,200/22,340 SL 21,342
Risk/Reward Ratio: 3.24
The next post will be a detailed analysis of the #banknifty and this is just a trading setup to trade for the next 3 days.