BANKNIFTY ANALYSIS WITH LOGIC:
1. If there's gap up on tomorrow session price should from bullish candle at 40390 level. From that level we can set our targets up to 41300 level.
2. if there's gap down or flat opening we must wait until the price reaches to 39645 level and should retrace from that point so that we can take long positions up to 40390 level.
3. Bank nifty is stronger when compared to nifty. maintain trailing stoploss while placing orders.
4. Don't take any short positions on today intraday session.
Have a safe and profitable trading :)
1. If there's gap up on tomorrow session price should from bullish candle at 40390 level. From that level we can set our targets up to 41300 level.
2. if there's gap down or flat opening we must wait until the price reaches to 39645 level and should retrace from that point so that we can take long positions up to 40390 level.
3. Bank nifty is stronger when compared to nifty. maintain trailing stoploss while placing orders.
4. Don't take any short positions on today intraday session.
Have a safe and profitable trading :)