Banknifty: Bullishness to continue?

5 Ara 2023

Bullish movement continues on tuesday as well for banks.

So what now?

Even though banknifty had an intraday retracement, but the index help up very well throughout the session.

We are expecting Banknifty to expire above 44500 for tomorrow expiry.

Aggressive players can aim for an exipry above 44700 but abovre 44500 is a conservative expiry target.

Simple and true to the basics as always

5 Ara 2023

Not

Typo from my end. I am expecting banknifty to expire above 46500

Aggressive players can target for an expiry above 46700.

View stands negated if there is a gapdown of more than 0.7%.