Banknifty Future Intraday & Positional view and one equity share

Dec 13, 2022

Banknifty today may open flat positive. If it breaks downside below the magic box then you can take trade. The level is 43756. As market is very choppy, better to sell OTM /ATMoption. you can take buying position above 43987 with the SL below magic box.

For swing trader, Bulls will be upper hand above 43987 for the target of 44080, 44180,44300, 44600.

For swing trader, Bears will get active below 43500 for the target of 43261,43000, 42800

Banknifty was on 10 weeks winning streak and was forming higher high before Monday. A slight pause was seen on Monday. Now you have to check price action before entry. Banknifty may produce top here as now I have positionally bearish view
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HCLTECH buy above 1039.88, Target 1046, 1055, 1084

Stoploss 1013

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