If you observed carefully, BANKNIFTY & NIFTY has performed exactly like last Monday.
Believing the fact that History gets repeated, will BNF can make all time high tomorrow.
Case 1 - BNF opens gap-down and crosses 32100 level, it can go up to 32650 level. [If History gets repeated ;) ] Case 2 - BNF crosses 31820 level, it can retest 31500 level.
The range as shown in the picture is important. Whichever side a 15 min candle closes, I will enter a trade considering range breakout/breakdown.
Let me know guys, who all noticed this behavior today and made profits.
Note - Many people have been approaching me for tips, I would like to tell them that I am a trader and by the time I will give you the tip market would have already moved 10-15 points. So I don't want to give any tips, I can only teach you how to approach the markets in a way which suits your personality and temperament.
Cheers.
Comment
⋅
I hope you guys have realized the POWER OF ANALYSIS.