BANKNIFTY ANALYSIS WITH LOGIC:'
1. If there's is gap up or flat opening in price and forms bearish candle below 42238 level, we can short up to 41920 level
2. If price sustains above 42238 level, it should retest those level then only we will take long position up to 42365 level as first target.
3. If price crosses above 42365 level, should retest those level then only we will take long positions up to 42470 level as second target.
4. Try to maintain trailing stoploss while placing trades in options due expiry.
Have a safe and profitable trading :)
1. If there's is gap up or flat opening in price and forms bearish candle below 42238 level, we can short up to 41920 level
2. If price sustains above 42238 level, it should retest those level then only we will take long position up to 42365 level as first target.
3. If price crosses above 42365 level, should retest those level then only we will take long positions up to 42470 level as second target.
4. Try to maintain trailing stoploss while placing trades in options due expiry.
Have a safe and profitable trading :)
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Our first target reached