#BankNifty
1. Weekly - BankNifty gave the highest weekly close after consolidating for 2 weeks. As long as it's trading above 41850, can look for buying on dips opportunity in this week.
1. Weekly - BankNifty gave the highest weekly close after consolidating for 2 weeks. As long as it's trading above 41850, can look for buying on dips opportunity in this week.
2. Trade plan for tomorrow - There is a similar pattern we are witnessing from last few days, it opens gap up then it comes down for a pullback and reversed in second half.
3. In bullish market, we should look for buying opportunity at dips until it breaks swing low and start trading below this. From here, expecting 42800-43000 in this week.
4. If there's a gap up, got to see if it's sustaining and directly going up or giving a pullback till immediate support. If it opens in the same range as Friday, then look for buying opportunities near 41950 or above 42350. Let's see how it pans out. S/R levels are marked.
5. Here's where you'll find my BTST/STBT trades. Follow the channel:
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