BANKNIFTY is following a trend line a good entry would be generated if market opens flat and closes a 5 min candle above the trend line
sell below 419 level BPCL looks weak risk reward 1;2
If Market Opens flat and closes a 15 min candle above 3830 go for BUYING and keep a stop loss below 3820 and target of 20p that is 1;1 risk reward
If Market Opens flat or gap down it can take support from 36950 level as it a very good support and if Market opens gap up it may create volatility and give a further breakout as a trend line is being made
