Nifty Bank Index

BANK NIFTY 18/05/23

263
Here are the levels for bank nifty to trade for tomorrow intraday. tomorrow is expiry so i am thinking the price may go sideways i thinking its best for option sellers. if the price open gap up it will be in range of 43800 to 44100. if the price open flat and then if it breaks the resistance then on the retest we can take the entry on long side. still the trendline works so we can take trades based on the levels.
if the price open gap up and breaks the 43800 level down side then we can take short entry based on volumes confirmation on the retest.
if the price open gap down wait for the price action and take trades.
TIP: always buy the at low and sell at high.
Here I mention only the high probability trades only. as intraday trader you can have multiple entries and exits according to your setups.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
comment below if you have any doubts.

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