BANKNIFTY Intraday Trade Setup For 20 Apr 2022
Buy- None
Sell-Below 35920
Sl-36020
T-36600 36500
BANKNIFTY has closed below 50 EMA in daily TF. After the range shifted below 37250.Index has been crashing like anything. Yesterday we planned to buy above 36970 on a 15 Min candle close. It gave more than 100 points gain. Then in the 2nd half our sell level got triggered but it was too sentimental.
Coming to tomorrow's trade setup, if a 15 Min candle closes below 36920 then below that candle we will sell for the target of 35600 and 35000.
Avoid buying as of now. Buying setups will be done only with intraday setups if we get.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Buy- None
Sell-Below 35920
Sl-36020
T-36600 36500
BANKNIFTY has closed below 50 EMA in daily TF. After the range shifted below 37250.Index has been crashing like anything. Yesterday we planned to buy above 36970 on a 15 Min candle close. It gave more than 100 points gain. Then in the 2nd half our sell level got triggered but it was too sentimental.
Coming to tomorrow's trade setup, if a 15 Min candle closes below 36920 then below that candle we will sell for the target of 35600 and 35000.
Avoid buying as of now. Buying setups will be done only with intraday setups if we get.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
