On Friday Banknifty was Up by 76.70 Points or 0.23%. A straigh | Index & Options calls with consistency

On Friday Banknifty was Up by 76.70 Points or 0.23%. A straight 5th day Banknifty is consolidating and in tight range.

Let's analyse for Tomorrow, currently banknifty is in ascending wedge pattern. We can get a good trending mkt next week, Option buyers be ready to capture movement.

33000 is important round no. As of now, we need to watch action there. After crossing 33070, you can look for buying.

After breaking 32704, you can look for shorting. Small gap down will be good.

Your risk should be defined on every trade and also daily risk should be planned. If any day you loosed around your daily risk then close the trading for that day and trade next day with fresh mind.

Best of Luck for Tomorrow