Banknifty trade plan 10-07-2023
Banknifty has broken its structure, that means price is getting into a retracement.
Now on intraday its most likely to sell on rise.
Wait for support to break and turn it into resistance or if gap up then short near resistance.
There is also a probability that market can trap buyers by retesting a recent high and then fall sharply.
Now on intraday its most likely to sell on rise.
Wait for support to break and turn it into resistance or if gap up then short near resistance.
There is also a probability that market can trap buyers by retesting a recent high and then fall sharply.
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