GOPISRI

Bank nifty trades and targets - 20/6/24

NSE:BANKNIFTY   Nifty Bank Index
Hello Everyone. The market was in a bullish mode today. No one knows why bank nifty was so bullish and other index were doing the opposite. Please be very careful and wait for 30 minutes to let the market settle first before taking trades. Market may fall again to 50k. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
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