BankNifty 39800 and 40000 levels to trade for Wednesday
Some bullish correction expecting this week till 40400,40800 if price held above 40000 levels on wednesday.
Go long CE if price sustains above 40000 stop loss 39850 Targets 40200,40350,40500.( if price sustains 15 mins to 30 minutes above 40000 look for patterns any dip buy into long)
Go Short PE if price sustains below 39800 stop loss 39950 Targets 39600 39500,39400.(if price sustains 15 mins to 30 minutes Below 39800 look for patterns any Rally to 39800 area go short)
Gap up or gap down wait for direction.
Go long CE if price sustains above 40000 stop loss 39850 Targets 40200,40350,40500.( if price sustains 15 mins to 30 minutes above 40000 look for patterns any dip buy into long)
Go Short PE if price sustains below 39800 stop loss 39950 Targets 39600 39500,39400.(if price sustains 15 mins to 30 minutes Below 39800 look for patterns any Rally to 39800 area go short)
Gap up or gap down wait for direction.
40000 above sustainded in 5 mins timeframe one dip enter CE target one reached.
today i was profite in both PE and CE later it made double top on day high on swing low break entered PE prfit booked at my support level.