**If BANKNIFTY opens above 48650:**
- 📉 Case 1: If faces resistance near 48700 - 48714 and starts trading below 48573,
- Short trade with SL of 48714
- Target: 48400 - 48342
- 📈 Case 2: If sustains above 48750,
- Buy trade with SL of 48700
- Target: 49000
- 🔄 Case 3: If trades sideways between 48700 - 48573,
- Wait for a break of the range
**If prices open flat between 48573 - 48342:**
- 📉 Case 1: If price breaks 48342,
- Short trade with target of 48152 - 48100
- SL: 48360
- 📈 Case 2: If prices break 48573,
- Buy trade with target of 48800 - 49005
- SL: 48500
**If prices open in the red below 48300:**
- 📈 Case 1: If finds support near 48152,
- Buy with SL of 48100
- Target: 48350 and 48450
- 📉 Case 2: If faces resistance near 48350,
- Short trade with target of 48150 - 48100.
**Additional Note:**
- If prices slip below 48100,
- Prices might see a drop to 47787 - 47650 in the coming time.
Remember to adapt your strategy based on real-time market conditions and use risk management principles to protect your capital. This information is not financial advice, and it's essential to do thorough analysis before making any trading decisions.