Scenario-1 Risky Scenario
If the gap is sustained or taking stops below 270 -one can look for an upside push in the zone 295-300 zone.
Scenario-2 Let the bank move above 287 & sustain above 285 then trade for 295-300 zone as target zone.
Scenario-3 Moving below 235 -long time support can open more on downside taking into 150-160 target zone.
Looking for C-wave below 235
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ