BANKNIFTY ANALYSIS WITH LOGIC:
1. Considering today intraday levels, if there's gap up or flat opening price should get reversal from 42160 or 42105 in between these levels.
2. From that point we can short up to 42420 level by maintaining trailing stoploss.
3. There are no chances to short our positions until price crosses 42105 level with strong bearish candle.
4. Try to maintain ITM call options to avoid heavy decay .
Have a safe and profitable day :)
1. Considering today intraday levels, if there's gap up or flat opening price should get reversal from 42160 or 42105 in between these levels.
2. From that point we can short up to 42420 level by maintaining trailing stoploss.
3. There are no chances to short our positions until price crosses 42105 level with strong bearish candle.
4. Try to maintain ITM call options to avoid heavy decay .
Have a safe and profitable day :)