Banknifty>> expecting bounce from 30950 (may be direct 30800) around...
Then it should bounce for 31250-300 zone.. which will drag it 30600-500 zone
Lets see how banknifty Behave
On Big time frame expecting good down side 30,000, 29600
As per chart.. short entry 2210-2220 if any single 1H candle close above the box then we have to exit at cost to cost or below cost.. don't hurry to exit the short in loss..
Our first target will be 2150... second 2130 lets see what happens tomorrow. ;)
Lets see if it break friday's low or not.. everything is depend on it..
IF don't break that 11848.. and close below open price (red candle on monday).. then also game will go in bull side (nifty will take you turn... and Tuesday it makes Green Candle.
We can go long on closing time.. if its move as explained above.