Hi Everyone :))
Hope you all are doing Good...
Yesterday Banknifty gives us a massive down movement of almost 600 point but in last 2 hours gives a recover and close at the opening price of 34770.
So market gives us the same scenario as yesterday.
Now Let's see how to take trade today.
1. As we know 34700-34800 is working as resistance level so if banknifty again take resistance from this level then go for the PE.
2. Now 34300 is also working as a good support level so if we get banknifty at this level then go for the PE from 34300
Some more scenario is there like if banknifty gives us gap-up opening then also go for the CE till the target of 35100 and so on
That's all for the day:))
Rest all the levels are marked in the chart see the chart levels and do trade easily.
Thank You :))
Hope you all are doing Good...
Yesterday Banknifty gives us a massive down movement of almost 600 point but in last 2 hours gives a recover and close at the opening price of 34770.
So market gives us the same scenario as yesterday.
Now Let's see how to take trade today.
1. As we know 34700-34800 is working as resistance level so if banknifty again take resistance from this level then go for the PE.
2. Now 34300 is also working as a good support level so if we get banknifty at this level then go for the PE from 34300
Some more scenario is there like if banknifty gives us gap-up opening then also go for the CE till the target of 35100 and so on
That's all for the day:))
Rest all the levels are marked in the chart see the chart levels and do trade easily.
Thank You :))