BANKNIFTY ANALYSIS WITH LOGIC :
1. If there is gap up or opening on a flate note price should come down and retest 40225 level and have to form 15min bullish candle then only i will plan to take buy side position.
2. Or if price crosses below 40150 level forms 15 min bearish candle should again retest that level then only we can short sell our positions upto 39785 level.
3. As of now banknifty seems to be strong when compared to nifty. Be careful
HAVE A PROFITABLE DAY :)
1. If there is gap up or opening on a flate note price should come down and retest 40225 level and have to form 15min bullish candle then only i will plan to take buy side position.
2. Or if price crosses below 40150 level forms 15 min bearish candle should again retest that level then only we can short sell our positions upto 39785 level.
3. As of now banknifty seems to be strong when compared to nifty. Be careful
HAVE A PROFITABLE DAY :)
Trade active:
Now you can take buy side position by maintaining trailing SL
Comment:
fake breakout can bee seen at 40150 level