If Banknifty Future rejects from 41080/41040 then one can short at the level with proper price action. Target-40835,40750, 40365
SL paid
Bank nifty may begin the day flatly positive and try to test 41040/41080. Expect some sideways movement and consolidation in this area. Keep an eye out for a move to 41224 if Bank Nifty maintains its position above 41150. Be cautious if Bank Nifty falls below 40750 as it may hit 40365 on the downside. So, anticipate a swing market today and employ the hit-and-run scalping method.
SL paid
Bank nifty may begin the day flatly positive and try to test 41040/41080. Expect some sideways movement and consolidation in this area. Keep an eye out for a move to 41224 if Bank Nifty maintains its position above 41150. Be cautious if Bank Nifty falls below 40750 as it may hit 40365 on the downside. So, anticipate a swing market today and employ the hit-and-run scalping method.