BANKNIFTY - Jan 4 Analysis
We can see market has given a breakout of 15 min range in the end.
Case 1 - Market opens big gap up, comes down, takes support and shows bullish sign then I will go long.
Case 2 - Market opens flat and form 5 min bullish candle above the range, I will go long
Case 3 - Market is within the range and consolidates and breaks down the 15 min range, I will go short.
This is my trading plan to execute with my risk management policies.
Don't rush, Wait Patiently and Trust the Process.
Case 1 - Market opens big gap up, comes down, takes support and shows bullish sign then I will go long.
Case 2 - Market opens flat and form 5 min bullish candle above the range, I will go long
Case 3 - Market is within the range and consolidates and breaks down the 15 min range, I will go short.
This is my trading plan to execute with my risk management policies.
Don't rush, Wait Patiently and Trust the Process.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.