Banknifty may open between 35400 & 35760
Scenarios:1. In opening, if price may come down till 35330 and don’t go short, wait and it may go up till 35760 then if a strong bearish candle formed in the afternoon session, buy put option and target 35420 , 35330.
Scenarios :2. In opening, if price moves up , it may go till 35760, 35930, then expect strong bearish candle , buy put option . target is same as above .
Scenarios:1. In opening, if price may come down till 35330 and don’t go short, wait and it may go up till 35760 then if a strong bearish candle formed in the afternoon session, buy put option and target 35420 , 35330.
Scenarios :2. In opening, if price moves up , it may go till 35760, 35930, then expect strong bearish candle , buy put option . target is same as above .