Banknifty trade plan for 05-07-2023

Banknifty trade plan depends on the opening levels.

Since market closed where it opened, but movement was volatile at rejection near to day's high.

A good and safe buy would be above today's high and also if price sustain above it.

A sell would be good when Price give breakout of today's high and fails to sustain above it i.e false breakout.

Either way, tomorrow can be base building for expiry day.


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