pre market banknifty analysis
5JULY ANALYSIS:
[Today opening of banknifty is important]
[ Bullish market does not give opportunity to intraday traders, so positional view should be made and
when market does not give good opportunity, histotically it means market is getting ready for big move]
Banknifty
side: if market give upside breakout then buy(PS-50%)
gapup: wait for price-action or create strangle market could remain volatile for first half(PS-30% )
gapdown: market could go down/ profit booking could come [70%]
big gapdown- you could buy if 5 min candle starting to look like hammer [100%ps]
[Today opening of banknifty is important]
[ Bullish market does not give opportunity to intraday traders, so positional view should be made and
when market does not give good opportunity, histotically it means market is getting ready for big move]
Banknifty
side: if market give upside breakout then buy(PS-50%)
gapup: wait for price-action or create strangle market could remain volatile for first half(PS-30% )
gapdown: market could go down/ profit booking could come [70%]
big gapdown- you could buy if 5 min candle starting to look like hammer [100%ps]
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