DSKF16

BANKNIFTY: Intraday Hurdles & Bounce.

Long
DSKF16 Updated   
NSE:BANKNIFTY   Nifty Bank Index
7
BANKNIFTY: At 23310
Intraday Hurdles & Bounce.
TESTs intraday HZ #1 (23302 - 23329).
Hurdle Zone #1 23302 - 23329
Hurdle Zone #2 23492 - 23519
Trading Range 23230 - 23390 extended to 23425
(153 -160 Point, Extended to 195 point)

Bounce Zone #1 23112 - 23187
Bounce Zone #2 22924 - 22998.

Rest Levels on Chart.
Go LONG / Short as per Level.

USE LEVELS AS REFERENCE.

If you think this post enrich your knowledge and would help you in trading,
Please don't forget to Hit / Click Like button.
Your likes are the only motivation to post better ideas in future.

Disclaimer: Only For STUDY.
For taking Trade Decision Consult Financial Advisor.
Comment:
Mentioned Trading Range (Upper band) 23390
Till Now made a HIGH 23379.70 (Just 10 point Below mentioned Level)
LONG Player can take Profit / Keep SL as Level & Risk Appetite.
Comment:
Some HARMONICS in 5 Min Chart.

Trade closed: target reached:
Final Snap shot of BANKNIFTY 05th July 2017 Day's Movement.
Closed at 23363 & after completion
one of Harmonic Bearish SHARK pattern (in 15 Min Chart).


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.