- Entire last week NSE:BANKNIFTY shoot up around 2500+ points narrowly and entered into key decision zone
- Now 26800 - 27000 will become the key decision whether to continue the rally further or to take a correction
- Plan A: If next week open gap down below 26700 then 26300 is our next immediate and from there upside rally can continue
- Plan B: Below 26300 will drag down to 25600 which is next key and if steep correction needed 24400 is our last for next week
- Plan C: If next week open gap up above 26850 then 27300 is our next immediate
- Plan D: If Plan A executed and reversed from 26300 and rallied up further then 28400 can be our last for next week
All levels are as per spot. Anything can happen. Please have a proper risk management. Happy trading.
Plan carefully on long from now.