Banknifty 15 minutes a candle view:
1. Nifty bank will be bullish (Thick blue line) when trading above 38100. Let a 15 minutes candle close above 38100, then trade accordingly.
2. Nifty bank will be bearish (Thick red line) when trading below 37700. Let a 15 minutes candle close below 37700, then trade at your own risk because Nifty bank is in bullish mode.
3. Do not trade in the trap zone between 37700 and 38100. Let the Nifty bank move upward within the parallel channel and if crossed 38100, then buy ITM Call i.e. 38000 CE or 38100 CE to get 200 points approx. till 38350 as first target and then 38550 as second target.
