BANKNIFTY ANALYSIS WITH LOGIC:
1. If there's flat opening or gap up price will get reversal either 41135 level or 41260 level, if it gets reversal from these levels, we can short up to 40690 level.
2. If those price breaks 41260 level with strong bullish candle, then only will take long position.
3. Maintain trailing stoploss during trade due to options weekly expiry.
4. I will update further information during trading session.
5. Those analysis is only for today intraday session not for long term.
Have a safe and profitable day.
1. If there's flat opening or gap up price will get reversal either 41135 level or 41260 level, if it gets reversal from these levels, we can short up to 40690 level.
2. If those price breaks 41260 level with strong bullish candle, then only will take long position.
3. Maintain trailing stoploss during trade due to options weekly expiry.
4. I will update further information during trading session.
5. Those analysis is only for today intraday session not for long term.
Have a safe and profitable day.