BANKNIFTY LEVELS WITH LOGIC :
1. Considering recent low if there's gap down and forms first 5 min bullish candle and creates high from next candle we can take buy position.
2. If there's is huge up above 41590 level. Price should retrace back to that level and should test 41590 level. then only only we make buy side position.
3. Aggresive selling can be made below 41060 level.
Note : Maintain proper stoploss according to your risk appetite.
1. Considering recent low if there's gap down and forms first 5 min bullish candle and creates high from next candle we can take buy position.
2. If there's is huge up above 41590 level. Price should retrace back to that level and should test 41590 level. then only only we make buy side position.
3. Aggresive selling can be made below 41060 level.
Note : Maintain proper stoploss according to your risk appetite.
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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.
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.