After opening gap-up today price BANK NIFTY could not retain the momentum :(
45624.00 level appears to be a good resistance level since price has tested that level multiple times in last couple of days
If BANKNIFTY opens gap-up tomorrow session and crosses ~45624.00 level, go long target can be 12th September session high
If BANKNIFTY opens gap-down and crosses 45544.00 level with good momentum then go short.
First Target - 45400.00
Second Target - 45297.00
Happy Trading :)
45624.00 level appears to be a good resistance level since price has tested that level multiple times in last couple of days
If BANKNIFTY opens gap-up tomorrow session and crosses ~45624.00 level, go long target can be 12th September session high
If BANKNIFTY opens gap-down and crosses 45544.00 level with good momentum then go short.
First Target - 45400.00
Second Target - 45297.00
Happy Trading :)