BANKNIFTY Intraday Trade Setup For 24 Jun 2022
Buy-Above 33300
Sl-33200
T-33600 33800
Sell-Below 32960
Sl-33100
T- 32700 32425
BANKNIFTY has formed a spinning top like candle in daily TF with 0.88% gain. It was highly Volatile with mega moves both the side. last day we planned to buy above 33055.It hit our target 33400. This was PRZ and a dot reversal came and index crashed till 32655. It was highly volatile.
Coming tomorrow's trade setup, if index opens flat and 15 Min candle closes above 33300, we will long for the target of 33600 and 33800.
For selling we need a 15 Min candle close below 32960. Target will be 32700 and 32425 in the downside.
Safe traders should avoid trading tomorrow.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Buy-Above 33300
Sl-33200
T-33600 33800
Sell-Below 32960
Sl-33100
T- 32700 32425
BANKNIFTY has formed a spinning top like candle in daily TF with 0.88% gain. It was highly Volatile with mega moves both the side. last day we planned to buy above 33055.It hit our target 33400. This was PRZ and a dot reversal came and index crashed till 32655. It was highly volatile.
Coming tomorrow's trade setup, if index opens flat and 15 Min candle closes above 33300, we will long for the target of 33600 and 33800.
For selling we need a 15 Min candle close below 32960. Target will be 32700 and 32425 in the downside.
Safe traders should avoid trading tomorrow.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
