GOPISRI

Bank nifty trades and targets - 5/1/24

NSE:BANKNIFTY   Nifty Bank Index
Hello Everyone. I have provided bank nifty trades and targets above. The market was in a very tight range the previous day. Let the resistance or support range break with 15 15-minute candle before going for any trades. 48300 is going to be a good resistance zone. If we see a gap up then we can go for CE options above it. If we do in between these zones premium eating will happen and we end up seeing losses. Book profits every 50 points as we are getting very few trending moves.
Penafian

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