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TradeInKey
May 13, 2022 3:24 PM

#BankNifty's route=map for 17th May 

Nifty Bank IndexNSE

Description

Please have a look into the chart to get all details, I have tried to draw everything as much i found according to my study.

This Analysis has Based on Harmonic Pattern, Fibo & Price action.

Note:- Any of the mentioned levels will be considered for LONG or SHORT, when a fresh candle starts forming above or below the level respectively. Can be used lower timeframe for ENTRY & Exit. But suggest to see 30 minutes Time-frame at least for price movement confirmation.


If agree with the Analysis, Then Please LIKE....As well as can Follow me to getting my future analysis.



HAVE A GOOD GREEN TRADE

Comment

Long from @33625 only, if 15 minutes candle close above.
Be careful near @33800. If close above 33800 level. Then can go for 34150>34260-70.
Don't forget to Start SL trailing from 34150....
Comments
siddeshwar25kale
sir ye hone ka possible kitane % hai
TradeInKey
@siddeshwar25kale As i have drawn two Possible patterns. So there are two scenes
1st, BNF open with a gap-up above 33340 level. Then price can reach near 34000.
2nd, Open with gap-down or flat and fall till support zone and get reversed from around 33500.
As seeing a double bottom in RSI, so There are most chances for a bullish reaction in upcoming session.
TradeInKey
@siddeshwar25kale And if you are still confused about my chart or view then can LIKE & Follow after the Monday session end.
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