Technical Analyst, owner of TRADEMANIAC
Banknifty buy above 37804 (Level is given for Banknifty Index as today is expiry). My target is 38020,38230,38370,38743,39061 (level is given here for Index).
This is a positional trade. Buy 38000 call of next week expiry and sell 38500 call sell of next week expiry.
Stoploss is 37620 (banknifty index)
Banknifty may open at 37900-38000 and may reach 38140,38230. If banknifty unable to hold 38140, then may slip towards 37800.
TV chart:- -https://in.tradingview.com/chart/BANKNIFTY/yzCXj87I-Banknifty-Future-Intraday-Positional-view/