Banknifty today showed very good consolidation. Which makes it ready for directional move.
sell Position - >
Entry = 5 min candle close below 41300
Sl - 41400
Target - 41100
Buy position - >
Entry = 5 min candle close above 41550
Sl - low of 5 min breakout candle
Target - 41700
sell Position - >
Entry = 5 min candle close below 41300
Sl - 41400
Target - 41100
Buy position - >
Entry = 5 min candle close above 41550
Sl - low of 5 min breakout candle
Target - 41700
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.