BankNifty is at very crusial level

28 May 2023

Monday opening is the vital opening if BankNifty opens gapup and sustain above 44154 then it may create a new high but if the gapUP recovers very fast then may retrace then we need to wait with patience for the market to sustain
On the other hand Nifty has two crusial resistance
In weekly ( 18491-18613 and 18704-18887)
In 1Day (18600-18622 and 18785-18795)
So if BankNifty sustain above 44154 in 5 min TF buying can be done with strict SL of [44073-44013]