As Banknifty is in Bullish Terrotory but some downside expected

Banknifty is in Bullish mood but whoever knows SMC trading might know some PoI is pending just around 53400 and I am not in any mood to fight with market and get into any bearish trade without following any stop losses.

If banknifty touches the 53,400 mark then I will wait for confirmation with double bottom pattern which should must show higher high higher lows and then only I will trade with target upto 54932 for positional basis and for inraday I will trail after 54,200 because at any moment retracement can occur.

Hope the chart and marking helps you in next trading sessions.