BANKNIFTY Trading Strategy for 15th May, 2024 | Expiry Trade

By Nivesh_Labs
BANKNIFTY Trading Strategy for 15th May, 2024 | Bullish Reversal confirmed.

✅ Breakout from lower end of rising channel at daily chart.
✅ Breakout from Falling wedge patter at 15 min Time Frame

Trading Strategy :-
✅ Initiate CE trade if Banknifty crosses and sustains (min 30 mins) above 48000 - 48070
✅ Target - 48258/48461

✅ Initiate PE trade if Banknifty crosses 47800-47750
✅ Target - 47607/47429/47099

Look at the chart for more information

Do share your thoughts on the analysis. Lets decode the charts together.
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