Nifty:

Nifty clearing 22350 should turn bullish given there is a 1hr close above. We will not be focusing to trade Nifty as it is still mixed signal.

Banknifty:

Banknifty clearing 47900 should turn bullish given there is a 1hr bullish closure above that. Will be focusing to trade Banknifty as it is bullish on all time frames. If there is a bullish move then Banknifty can move till 48500 this week as there is a gap filling left to be done. For better trade opportunities best thing to do is to wait and have a better price action. Position sizing should be light as we never know about the war developments in middle east especially when we have a bullish view.

~PR