BUY ABOVE - 48050 SL - 47860 TARGETS - 48220,48460,48660 SELL BELOW - 47860 SL - 48050 TARGETS - 47730,47570,47400 NO TRADE ZONE - 47860 to 48050 Previous Day High - 48050 Previous Day Low - 47400 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
BUY ABOVE - 48200 SL - 48020 TARGETS - 48460,48660,48800 SELL BELOW - 48020 SL - 48200 TARGETS - 47860,47860,47570 NO TRADE ZONE - 48020 to 48200 Previous Day High - 48200 Previous Day Low - 47730 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 48250 SL - 48110 TARGETS - 48460,48660,48800 SELL BELOW - 47990 SL - 48110 TARGETS - 47860,47730,47570 NO TRADE ZONE - 47990 to 48100 Previous Day High - 48250 Previous Day Low - 47990 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 47990 SL - 47860 TARGETS - 48110,48250,48460 SELL BELOW - 47760 SL - 47860 TARGETS - 47580,47400,47200 NO TRADE ZONE - 47760 to 47990 Previous Day High - 48110 Previous Day Low - 47400 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
Market Outlook: This plan outlines potential trading strategies for BANKNIFTY on May 17th, focusing on optimal entry and exit points based on various opening scenarios. Trading Strategies: Gap Up Opening: Entry: If BANKNIFTY opens above 48050 and finds support at 47976, consider a long trade. Target 1: 48127 (potential sideways movement after initial...
Bank Nifty Levels (for 16-05-2024 to 22-05-2024) Note: 1. If the trendline is broken above, then 48483 will act as a first resistance ad 49273 will be a second resistance. 2. Two hours' time will give the exact trend of the market. 3. In the worst scenario there is a possibility that BN moves down towards 46990 and 45750 level. 4. These ideas only for learning...
BANKNIFTY GO FOR LONG Trade reason : 1)Day time strong uptrend & travel with Channel pattern 2)Strong Level Bottom Support - 47000 level 3)1 Hr time frame Makes HH . Entry confirmation Entry - 48100 Target 1 -49000 Target 2 - Channel Top . New Highs Possible Stop - 47300 Thank you ... Happy trading
Good rebound indication given by the market today. Entered into the stream!
Context: On the 22nd of May, 2024, BANKNIFTY experienced volatile price movements. Despite recovering from the day’s low, prices closed below the resistance zone of 48080-48180. Here’s the plan for the 23rd of May: Trading Strategy: Gap Up Opening (Above 48000): If BANKNIFTY opens above 48000, buyers should consider buying if prices sustain above...
Overview: Saturday's session saw insignificant price movement due to low participation, closing on a slightly higher side but not enough to alter Friday’s levels. Here’s the expected movement based on different opening scenarios for Monday, 20-May-2024. Gap Up Opening Above 48350: Initial Movement: Prices may first move towards 48415 – 48450. If prices sustain...
#Banknifty:22nd May Step1: If G/D swing low can hit 47785-S1. Immediately get long. Exit zone 48425 -R-1 Step2: If GU then S1-48050. Buy long and Exit at 48425. Step3: 48800 -R2 swing high very strong possibility.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 level in todays session. Any Major downside only expected in case banknifty starts trading below 47950 level.
BUY ABOVE - 47730 SL - 47450 TARGETS - 47930,48050,48220 SELL BELOW - 47570 SL - 47730 TARGETS - 47400,47200,47000 NO TRADE ZONE - 47570 to 47730 Previous Day High - 47930 Previous Day Low - 47570 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 47900 SL - 47730 TARGETS - 48050,48220,48460 SELL BELOW - 47730 SL - 47900 TARGETS - 47560,47400,47200 NO TRADE ZONE - 47730 to 47900 Previous Day High - 47900 Previous Day Low - 47570 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Overview On 22-May-2024, BANKNIFTY took support at the marked opening support zone, breached the upper band of the resistance zone but retreated back near the lower band, signaling a potential reversal. Here’s a detailed plan for trading BANKNIFTY on 22-May-2024 (expiry day). Gap Up Opening If BANKNIFTY opens above 48150: Sustains above 48180 for the first...