Nifty & Banknifty Weekly Expiry Target
Nifty Index will show volatility move today on both side and stoploss might get triggered at up and down side. So trade wisely to earn today. Nifty Futures previous close at 9280.70 and might open with gap down marginally at 9240 making you confuse whether to short or long.
I think one should go for short on Nifty Index for short target 9150 with a SL 9299. Above 9300 Bull can hold grip on the market so play accordingly.
Coming to Banknifty Futures it has closed at positive note at 19671.95 can go for short if it open below Previous close for short target 19100 intraday with a Stoploss 19990. Above 20000 levels one should cut short and can go for long. This is the assumption for the day.