"Good morning! As of June 2nd, the global market indicates a positive start with bearish market sentiment. It might open with a gap-up. After that, if it sustains, we can expect consolidation for pullback continuation. On the other hand, if it declines initially or rejects around a major key zone, we can expect the market to correct within a range."
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BankNifty-20/10/2022-Levels
IMPORTENT ZONE FOR THE DAY : 40367 - 40472
Possibilities of Today market open...
Possibility 1: FLAT
If market open as a FLAT and moves to UP-SIDE then BUY with the Support of R1 and SELL with the Rejection of R2.
(or)
If market open as a FLAT and...