BANKNIFTY LEVELS 23/03/2023

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BANKNIFTY ANALYSIS WITH LOGIC:

1. If there's flat opening price should test 39770 level. Then only we will plan buy side unto 40330 level.
2. Maximum range boundness can be seen during first half. We can expect strong movement from second half.
3. If there's gap down price should form strong 15m bearish candle below 39770 level therefore we can short our positions up to 39455 level.
4. Buyers try to take itm options during trade. Don't carry forward positions for overnight.



Have a safe and profitable trading :)
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