Nifty bank 15 minute a candle:
1. Nifty bank will be bullish for fast movement or new buying opportunities is above 40400, just after the crossing of the strong resistance from 40200-40400. You can buy ATM CE for upside till 40100, which can be slow movement when the Nifty bank crosses last day's high.
2. Nifty bank will be mild bearish below 39300; there is a strong bounce-back level or strong support zone where you have to be careful, when crossed then you can see more downside of 1000+ points. But I am not expecting that. I expect the bounce-back from that level.
3. For risky traders follow the Blue trend line to enter the trade early as per your own risk.
