BANKNIFTY ANALYSIS WITH LOGIC :
1. Maximum range bound market can be seen on today's session between 41430- 41200 levels range.
2. If there is flat opening or small gap up and crosses down 41200 level with strong candle we can short our positions upto 40950 level as our first target,
3.If the trend continues and breakdowns 40950 level with stong candle we will continue our selling upto 40150 level.
4.If there's strong gap up and crosses 41430 level with strong bullish candle, we will take long position upto 41655 level.
Further details will be updated on live market.
HAVE A SAFE AND PROFITABLE DAY :)
1. Maximum range bound market can be seen on today's session between 41430- 41200 levels range.
2. If there is flat opening or small gap up and crosses down 41200 level with strong candle we can short our positions upto 40950 level as our first target,
3.If the trend continues and breakdowns 40950 level with stong candle we will continue our selling upto 40150 level.
4.If there's strong gap up and crosses 41430 level with strong bullish candle, we will take long position upto 41655 level.
Further details will be updated on live market.
HAVE A SAFE AND PROFITABLE DAY :)