Flat opens => Buy above 41720, do not plan down side, can plan for straddle (option time decay)
Gap up(41900-42000) => Range bound market for the first or second hour, Buy/Sell at Day's high(42000 mostly)/low.
BANKNIFTY
Gap up(41900-42000) => Range bound market for the first or second hour, Buy/Sell at Day's high(42000 mostly)/low.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.