Entry:- If stock close above 1144 before 10 AM on a 15-minute timeframe then only take the trade.
Stop Loss:- 1115
Disclaimer:- Trading tips are only for educational purposes. Trading and investment contain risk. Please consult your financial advisor before making any trade or doing an investment. I'll not be responsible for your loss.
Today will be slightly gap up opening in banknifty. Expected opening near 34400-34500 level. Possible after gap up it will face resistance at 34400-34500 level and take reversal downside towards the 34000 to 33500 level. Upside only possible if it is trading and sustain above 34550 level.
Schand has given price volume breakout above Ichimoku cloud on weekly basis and sustaining smartly. Buy till 100 with sl around 90 on weekly closing basis for target of 210/250. Schools are about to open so fundamentally this can be 2x candidate as it has fallen drastically from higher levels