Intraday Equity Trading Idea

HindPetro is Good to Buy on breakout above 330.5

Stop Loss will be 4 points, and Target will be 4-8-12 points.
Good Morning Everyone
Pre Opening Market has been settled
Nifty 50 is opening gap up 0.16%
Nifty Bank is opening gap up 0.32%
Nifty IT is opening gap up 0.06%
Nifty Infra is opening gap up 0.16%
Nifty Energy is opening gap up 0.33%
Nifty FMCG is opening gap up 0.25%
Nifty Pharma is opening gap up 0.18%
Nifty Auto is opening gap up 0.22%
Nifty Media is opening gap up 0.32%
Nifty metal is opening gap up 0.30%
Good morning everyone

Banknifty is currently trying to break prev day's balance area.

banknifty will be good to buy if prices are able to break 38400 or, a volume 5 min candle closing above the marked area.

We can then expect prices to be giving another 100-200 points up movement.

Otherwise if prices take rejection from here, then prices can come down and retest prev day's low parameters as well.
POSITIONAL BUY
BRIGADE is good to buy above 520
with SL of 480
For target OPEN
POSITIONAL BUY
BFUTILITIE is good to buy above 425
with SL of 400
For target 460 , 520