Banknifty 18-Apr-23 Analysis
18-Apr-23
Expecting a range bound day,
If opens gapup but below 42518 then look for short
if opens gapup down but above 41593 then look for long
Sell - 42368 -> 42036
Buy - 41593 -> 42036
If opens above 42518 then wait for it to breakdown the level for a shorting opportunity. In any other case no trade day in bank nifty.
Expecting a range bound day,
If opens gapup but below 42518 then look for short
if opens gapup down but above 41593 then look for long
Sell - 42368 -> 42036
Buy - 41593 -> 42036
If opens above 42518 then wait for it to breakdown the level for a shorting opportunity. In any other case no trade day in bank nifty.
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