banknifty makes new lower high. wait for the move . buy above 42700 sell below 41700.
Niftyakes inverted cup and handle structure. We go with price
Bn takes support on 41700 -800, &shows the sign of reversal. When 42300 break we enter for target 42500, 42700, Again 42700 is strong resistance. Good luck . Patience is the key of success in share market.
Now bank nifty in range between 40000- 40200 Wait for breakout, if 42200 break ,and market hold level up to 10_15 minute buy the call of 42200 with stoploss. For downside vice versa.