48900 CE will cover 60-80 points. Entry @ 800 Target @ 860 SL @ 740
The reversal should happen now. I am expecting for it. The entry would be 770 Target is 860-880 SL - 720
49000 PE is getting potential now. We can make an entry @ 910 Target - 960/1020 SL - 870
BNF is on Sideways. There is no potential movement towards UP or DOWN. Just follow the lines and zone. Try to make an entry based on it.
Bank Nifty Analysis - 30 May 2024 Probably Bullish. If not sideways. Premiums are too high compare to other weeks. It has to melt down. Be safe trade and be profitable.
BNF will be Sideways or bullish? - Obviously Bullish. Because of the Bahubali candle. It may go till 48800. If it breaks over there again it be on bull run. If not, today market will be a Sideways. If it is Bullish/Bearish/Sideways, we can make good amount by following set of strategies.
49100 PE will make you as Crorepati today?. Ha. Yes.