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.
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Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor.
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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.
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Some HARMONICS in 5 Min Chart.
Trade closed: target reached
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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).
Comments
thangarajmg
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Good simple and effective explanation
samayra
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Thankyou..i was waiting for this post to take position
DSKF16
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@samayra, Thanks for appreciation. Try to post Earlier possibly at night.