Bank Nifty Intraday Technical Analysis for 31st Dec., 2024

πŸš€ Unlock the potential with my Bank Nifty Intraday Technical Analysis for 31st December, 2024!

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πŸ“ Day Range Trigger Point (DRTP): 50953
πŸ“… Day Range: 1261

πŸ“ˆ Long Position
πŸ”Ή Buy Above: 51498
🎯 Target 1: 51732
🎯 Target 2: 52214
β›” Stoploss: 51077

πŸ“‰ Short Position
πŸ”Ή Sell Below: 51200
🎯 Target 1: 50173
🎯 Target 2: 49691
β›” Stoploss: 51621

✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday Levels and Live Market Confirmations. πŸ“ˆ

πŸš€ How to Trade with Numro Trader Intraday Levels

Buy Setup
πŸ•’ Wait for a 5-Min. candle to close above DRTP or Buy Above level.
πŸ“ˆ Confirm breakout with a candle breaking the high of the breaking candle.
πŸ›’ Enter a buy order at the active level (DRTP or Buy Above).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from below DRTP).
⚠️ Exit Rule: Set stoploss of 65 points exactly from the active level. Avoid re-entering after achieving the target.

Sell Setup
πŸ•’ Wait for a 5-Min. candle to close below DRTP or Sell Below level.
πŸ“‰ Confirm breakout with a candle breaking the low of the breaking candle.
πŸ›’ Enter a sell order at the active level (DRTP or Sell Below).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from above DRTP).
⚠️ Exit Rule: Set stoploss of 65 points exactly from the active level. Avoid re-entering after achieving the target.

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