Banknifty likely to Open with Flat / Small Gap down tomorrow. Entry plans are highlighted in the Chart. We have Strong resistance around 39200 and 39400. If any breakout above 39420, Target 1 will be tested . Incase any rejection around 39180 Banknifty will take reversal and lower Targets are possible.
For quick scalping, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks.
Refer the chart for detailed Intraday Support and Resistance levels.