BANKNIFTY Intraday Trade Setup 30 Jun 2022
Buy-Above 33425
Sl-33325
T-33530 33680 33820
Sell-Below 33185
Sl-33300
T- 33040 32900 32800
BANKNIFTY has formed a doji candle in daily TF which is a sign of pause. The next momentum will come above and below today's high and low respectively. It just consolidated in a range in today's trading session.
Coming to tomorrow's trade setup, if index opens flat and 15 Min candle closes below 33200. We will short for the target of 33040, 32900 and 32800.
For buying we need a 15 Min candle close above 33422. 1st target will be 33530. We need to be careful in long side. Next target will be 33680 and 33820.
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.
Intraday Resistance- 33550
Intraday Support- 32900
Buy-Above 33425
Sl-33325
T-33530 33680 33820
Sell-Below 33185
Sl-33300
T- 33040 32900 32800
BANKNIFTY has formed a doji candle in daily TF which is a sign of pause. The next momentum will come above and below today's high and low respectively. It just consolidated in a range in today's trading session.
Coming to tomorrow's trade setup, if index opens flat and 15 Min candle closes below 33200. We will short for the target of 33040, 32900 and 32800.
For buying we need a 15 Min candle close above 33422. 1st target will be 33530. We need to be careful in long side. Next target will be 33680 and 33820.
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.
Intraday Resistance- 33550
Intraday Support- 32900
