Technical Analyst, owner of TRADEMANIAC
If Banknifty Future rejects from 41080/41040 then one can short at the level with proper price action. Target-40835,40750, 40365
SL paid
Bank nifty may begin the day flatly positive and try to test 41040/41080. Expect some sideways movement and consolidation in this area. Keep an eye out for a move to 41224 if Bank Nifty maintains its position above 41150. Be cautious if Bank Nifty falls below 40750 as it may hit 40365 on the downside. So, anticipate a swing market today and try to scalp.
TV chart:-https://in.tradingview.com/chart/BANKNIFTY1!/SiUcT2F8-Banknifty-Future-Intraday-view/
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UPL buy above 739 target -744, 750 SL -736 TV chart:-https://in.tradingview.com/chart/UPL/45Rz5pPr-UPL-intraday-trading-guidance/
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