How to Plan for Intraday Trading in #BankNifty ? #Monday
Our levels are based on support and resistance levels.
Pivot point is given.
In uptrend market, u should wait for the candle to break and close above the Bullish breakout level given by us. Then, you can go for a Long. You can wait for Target 1 and Target 2 based on your Risk and Rewards management.
The same goes on Vice Versa for the downtrend market. Here you have to wait for Bearish break out and go for an entry on Short side.
For stop loss, maintain according to your risk management.
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