Banknifty analysis for options trading 4-9-24
Banknifty took support on trendline that i drawn a lot of times, currently looks like rejecteting.
Note
white dashed trendline not respected, removed from the chart Note
Very good entry on 51261 , can capture 100 points with 1:10 ratio. and multiple buy entry opportunity on 51320Note
Rejected from 51369 and went to 51320Note
Clear entry on 51369 with a 1:3 ratio
Timeframe : 1 minute
I can not count how many opportunities the market gives entry on support resistance lines , and trendlines.
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