Bearish Engulfing in Bank Nifty Future

Jan 2

After bearish candle of 1Jan today good fall we can see also all level was given my previous chart analysis.
All level was given in chart in very clear.

Scenario Happen:

• Market will open between 47871- 48212 then it will be side base market.
  
• If open below 47882 wait for make a resistance at level 47882 then short your position. Also follow volume. It will give proper idea in live market. For down move we have a support area of 47500-47493.
  
• If open near about 48212 and make green candle then wait for settle above 48212. after 15 min trade above 48212 we will bullish for intraday basis.