Currently banknifty is consolidating at important support levels which are 41500-41450.... If it gives a breakout above 41555, I will go long for a target of 80-100 points. SL 50-60 points of Index
If 41740 level breaches, as now in consolidation mode..... planning for short position for a 70-80 points 1st target, 2nd target will be 41560. SL 80-110 points