BANKNIFTY - 15 MIN - FOR 05/04/2022 TRADE SETUP

Hello Traders,

As we said yesterday BANKNIFTY was very BULLISH

Today it opened with a GAPUP and Price never came back.

The gap can act as a great SUPPORT and when its broken the GAP FILL may also occur. So watch the GAP area carefully .

IMPORTANT LEVELS ---- 36615 -- 37235 -- 37720 -- 39350

1) GO LONG if BANKNIFTY showed a BULLISH price action or above 38800.

TARGET -----> 39350

2) GO SHORT if BANKNIFTY BREAKDOWN below 37720

TARGET -----> 37235

Do comment your thoughts ...

Thank you <3