Banknifty in intraday Trade analysis 20-feb-2023 Price action
Banknifty - After many days, it broke the lower range after giving upper side breakout.
Flat opening - If it goes bore then let it go. Near 41200 300, if forms-ve candle & pullback, can go for sell.
Gap up - Multiple resistance, so will see price action if is min green candle, then no sell but if not wait for the price action.
Gap down - Next target will be 40600, so wait for any pullback and then sell again.
Will look-ve price action on every up move.
Flat opening - If it goes bore then let it go. Near 41200 300, if forms-ve candle & pullback, can go for sell.
Gap up - Multiple resistance, so will see price action if is min green candle, then no sell but if not wait for the price action.
Gap down - Next target will be 40600, so wait for any pullback and then sell again.
Will look-ve price action on every up move.
Penafian
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