I have plotted here 2-scenario where BANKNIFTY can move beside.
What are the points to confirm the direct?
The following points should be considered while taking action.
- find the where are low risk (stop loss) and higher target
- down-side more preferable to keep our trades presently.
- control price will give you hit and more accuracy to trade here.
This call given to subscribers : sell NF 11728 and stoploss 11745 for targets 11665-11625
Below chart for BANKNIFTY spot.