If you read my previous blog on monthly expiry,you should be profitable at the end of the day
The suggested level works beautifully on expiry day.
Last Friday Nifty test it's 20EMA and today bank nifty tested it's 20EMA which is 43400.
When both the indices retest it's important short-term moving averages it's a bullish sign for market.
Now Bank nifty will take the leadership for further upmove towards life high.
Trade for Friday in Banknifty
Buy bank nifty above 43750 with SL of 43500 and Target of 44000.
And for positional basis If bank nifty cross
44150 which will probably happen in Monday,Blind buy Target will be 45000 ,don't wait for anyone call just buy it.and Always try to buy ATM option not out money option.
For any query during market hours
Contact to my WhatsApp no.9776360043
Thank you
Please comment if you like my analysis
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