Bank Nifty - 19/02/2024 - Levels
Hello Traders, Welcome to SriTrader5121
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[B]Bank Nifty - 19/02/2024 - Levels
IMPORTENT ZONE FOR THE DAY: 46300 – 46330
Important Support and Resistance for the Day...
Support - Resistance -
Support-1: 46260 Resistance-1: 46500
Support-2: 46090 Resistance-2: 46630
Support-3: 45930 Resistance-3: 46690
Support-4: 45700 Resistance-4: 46800
____________________________________________
Happy Learning and Trading – TST5121
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE, it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
[List]
* 20 -> 20 EMA in Day
* Red Zones... -> Resistance-Zones
* Green Zones... -> Support-Zones
* IMP -> Important
* PDH -> Previous Day High
* PDL -> Previous Day Low
* PDC -> Previous Day Close
* PDO -> Previous Day Open
* PWH -> Previous Week High
* PWO -> Previous Week Open
* PWC -> Previous Week Close
* PWL -> Previous Week Low
* D_S -> Day Support
* D_R -> Day Resistance
* W_S -> Week Support
* W_R -> Week Resistance
* W_O -> Week Open
* W_C -> Week Close
* LW_O -> Last Week Open
* LW_C -> Last Week Close
* MS -> Major Support
* SH -> Swing-High
* SL -> Swing-Low
* DT -> Double Top
* DB -> Double Bottom
* TT -> Triple Top
* TB -> Triple Bottom
* TF -> Time Frame
* BO -> Break-Out
* RR -> Risk-Reward
* SL -> Stop-Loss
* GAP -> The area b/w Previous Day Close and Today Open
* (S@*, R@*) -> Act as Major Support or Resistance-Zones (Be Alert, Chances to Market take Reversals)
--------------------------------------------------
[B]Bank Nifty - 19/02/2024 - Levels
IMPORTENT ZONE FOR THE DAY: 46300 – 46330
Important Support and Resistance for the Day...
Support - Resistance -
Support-1: 46260 Resistance-1: 46500
Support-2: 46090 Resistance-2: 46630
Support-3: 45930 Resistance-3: 46690
Support-4: 45700 Resistance-4: 46800
____________________________________________
Happy Learning and Trading – TST5121
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE, it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
[List]
* 20 -> 20 EMA in Day
* Red Zones... -> Resistance-Zones
* Green Zones... -> Support-Zones
* IMP -> Important
* PDH -> Previous Day High
* PDL -> Previous Day Low
* PDC -> Previous Day Close
* PDO -> Previous Day Open
* PWH -> Previous Week High
* PWO -> Previous Week Open
* PWC -> Previous Week Close
* PWL -> Previous Week Low
* D_S -> Day Support
* D_R -> Day Resistance
* W_S -> Week Support
* W_R -> Week Resistance
* W_O -> Week Open
* W_C -> Week Close
* LW_O -> Last Week Open
* LW_C -> Last Week Close
* MS -> Major Support
* SH -> Swing-High
* SL -> Swing-Low
* DT -> Double Top
* DB -> Double Bottom
* TT -> Triple Top
* TB -> Triple Bottom
* TF -> Time Frame
* BO -> Break-Out
* RR -> Risk-Reward
* SL -> Stop-Loss
* GAP -> The area b/w Previous Day Close and Today Open
* (S@*, R@*) -> Act as Major Support or Resistance-Zones (Be Alert, Chances to Market take Reversals)
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