BANKNIFTY ANALYSIS WITH LOGIC:
1. If there's flat opening or gap up price should retest 43295 level with 15m bullish candle, then only we will take long position up to 43450 as our 1st target.
2. If that trend continues, we will set 43600 level as our second target by maintaining trailing stoploss.
3. If there's gap down in price and closes below trend line with 15m candle we will short up to 43065 level.
4. Maximum range boundness can be seen during first half be careful.
Have a safe and profitable day :)
1. If there's flat opening or gap up price should retest 43295 level with 15m bullish candle, then only we will take long position up to 43450 as our 1st target.
2. If that trend continues, we will set 43600 level as our second target by maintaining trailing stoploss.
3. If there's gap down in price and closes below trend line with 15m candle we will short up to 43065 level.
4. Maximum range boundness can be seen during first half be careful.
Have a safe and profitable day :)
Comment:
Our first level target reached 43600