BANKNIFTY ANALYSIS WITH LOGIC :
1. Considering new levels if price opens on a flat note and breaks recent low we can short sell upto 39610 level by maintaing trailing stoploss.
2. Or it may sustain in between 40175 - 39760 levels creates range boundness.
3. If price forms strong bullish candle above 40225 level. we can take on buy side.
HAVE A SAFE AND PROFITABLE DAY.
1. Considering new levels if price opens on a flat note and breaks recent low we can short sell upto 39610 level by maintaing trailing stoploss.
2. Or it may sustain in between 40175 - 39760 levels creates range boundness.
3. If price forms strong bullish candle above 40225 level. we can take on buy side.
HAVE A SAFE AND PROFITABLE DAY.
Trade closed: target reached