in my view, Bnaknifty looks suitable for short poison.
If it makes any Price action for the long side I will trade with a small lot size, I am looking for short-side poison but still, wait for any price action
The market looks good for buying right now but nifty already gave a move so wait for price action,
if the market open gapes down then it's trape for buyers now, after taking hold on 45400 and then it's going up it's looking good for the buyer also for sale if it's an open gap down its one cal sell with a low amount
in bank nifty, it creates long-legged doji In my view it will give directional moves,
If it opens flat then wait for brack out
if it opens a gap Up or Down I will go with trand
LEVEL For BANK NIFTY SET SL BASE ON YOU RISK SYSTEM, TRADE LINEon 1H FRAME BUT FOR INTRADAY YOU CAN TACK TRADE BASE ON 5M BREAKOUT AND SWING AFTER RETEST OF TRADELINE.
