BankNifty's route-map for March-21st

Mar 21, 2022

In Last two sessions, we saw that BNF taken a gap-up and stuck in a range of 150-200 points. And it becomes difficult to trade in this situation.
In tomorrow session, there can be a gap-up opening. if price opens above the Resistance zone-1 than can go for up-side Targets. but it will be only possible with a strong momentum. Most chances are indicating towards Down-side movement as there are remained less room in upside.

Both Buy & Sell level and their possible targets are mentioned on the chart.

This Study is Based on Harmonic Pattern, Fibo Levels and Price action.


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Mar 21, 2022

Note

It's Time to SHORT...Price wont go Up-side.
Take entry in 5 minutes Timeframe when candle close below Short Level.

Mar 21, 2022

Trade active

First Down-side Target was achieved Successfully and Booked 200 Points.

Now, if current Candle keep close above 36000...Then go for 36170 and 36250 in Up-side.

Short Again below 35900 and go for 35750-700.

Mar 21, 2022

Trade closed manually

Today's Trading Session has closed. Booked almost 400 points.

Down-trend will still continue until the Price reached near or touched to Support Zone 1 at least.

Will not upload Chart for tomorrow, Becoz there is nothing to update.
So, can take help by the same chart for next session also.

Thank You