BANKNIFTY Intraday play for 09 Jan,19

Check Historical idea on 3 mins time frame. Dont be a Bull, Dont be a Bear. Just try to be a Hare.

Comment:

Yes, My way of trading is weird but its soo fun!!
Like, when has any common trader ever entered BANKNIFTY FUT with a sl of just 4 points??
Plz dont copy this one, I have already booked my profit
prnt.sc/ql42yu

Comment:

As of now we probably wont cross today's high, maybe later in the day. We opened with a gap and i think it should be filled today itself. So if at all I FIND BANKNIFTY in the Uzone i.e. 31411 levels, ITS A STRONG BUY FOR ME

Comment:

Sorry not 31411, its 31430-31450 levels. My expectation is that, today's Expiry would be momentum less and boring but Banknifty spot shouldnt close below 31400-450 levels

Comment:

icicibank is a problem, if sustains above 540.5 then my analysis will fail and we probably wont get entry on the lower levels. It happens every once in a fortnight when banknifty sustains beyond all my zone (on upside or downside) then I avoid trading for the day.

Comment:

ANY NEWBIE HERE?? OBSERVE Banknifty, the current situation will teach you a lot. If I am right, if weekly 32000 ce sustains above 122, there will be nice quick movie on banknifty. atleast another 100 points. Or it will stop right here, right now (both on spot and on futures).