BANKNIFTY can move bothside ? How??ðĪðĪ
Scenario 1:
bnk nfty may gap-down 250-300 pts. then go long on higher highs or proper retest.
sl :- ~ 41740 or nearest swing low of 41740
tgt:- 42100
timeframe: 3min, 5min
Scenario 2:
bnk nfty may open flat after touching the supply zone of 42410-42460
then go short area on lower low or proper retest.
sl :- ~ 41460 or nearest swing high of 41460
tgt:- 42172 and 41825 (**try till 41825 using trailing sl)
timeframe: 3min, 5min
bnk nfty may gap-down 250-300 pts. then go long on higher highs or proper retest.
sl :- ~ 41740 or nearest swing low of 41740
tgt:- 42100
timeframe: 3min, 5min
Scenario 2:
bnk nfty may open flat after touching the supply zone of 42410-42460
then go short area on lower low or proper retest.
sl :- ~ 41460 or nearest swing high of 41460
tgt:- 42172 and 41825 (**try till 41825 using trailing sl)
timeframe: 3min, 5min
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