BANKNIFTY LEVELS 13/04/2023
BANKNIFTY ANALYSIS WITH LOGIC:
1. Considering those levels bank nifty is weak when compared to nifty,
2. Maximum range boundness can be seen during first half session in between 41600- 41412 levels.
3. If there's slight gap up price should get reversal from 41660 level with strong 15m bearish candle therefore we can short up to 41412 level by maintaining trailing stoploss.
4. Option buyers be careful during today intraday session as we can expect heavy decay.
Have a safe and profitable day :)
1. Considering those levels bank nifty is weak when compared to nifty,
2. Maximum range boundness can be seen during first half session in between 41600- 41412 levels.
3. If there's slight gap up price should get reversal from 41660 level with strong 15m bearish candle therefore we can short up to 41412 level by maintaining trailing stoploss.
4. Option buyers be careful during today intraday session as we can expect heavy decay.
Have a safe and profitable day :)
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