Banknifty currently trading at NO TRADING ZONE, the levels being 34900-35150, it has been an area of confusion since last month ! Break on either side with proper candle close candle would define the next upcoming trade which could be potentially be breaking above! Even If breaks below don’t short aggressively as MAIN TREND being bullish and every dip now is a...
If crosses 35350, then Bullish targets open up else, if it comes below 35110, then need to see how price action performs, might go sideways. Bearish below 34550
Buy if sustains above 30950 and Sell if sustains below 30750. Targets and SL for Intraday: Buy - 31050 and 31150 | SL - 30850 Sell - 30650 and 30550 | SL - 30850 Happy Trading! InvestPro India Team