Hello Traders, Welcome to SriTrader5121
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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
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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
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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
- 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)