Banknifty Future Intraday & Positional view

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BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)

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NSE:BANKNIFTY1! BANKNIFTY INDEX FUTURES

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BANKNIFTY is positionally bullish. I have drawn a shaded region. If Banknifty goes below the shaded region with volume, it may touch once 40790-40760. After that it should go in upward direction.
If banknifty directly open at 40770-90 region, then you can take long trade with the Stoploss of 50 points. Target 42000 ,42500
But if it sustained below 40780 then it is cautious for bull.

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Target hit