Bank nifty trading below all averages below 20 ,50 and 200 in daily time frame, if 20 and 50 crosses 200 moving average it will be death cross and more selling will be seen in cooming days.
Levels to watch for reversal trades Monday
40000,40200,39800 and 39600 target 200 to 300 points with stop loss 100 points.
Sell on rise only market structure is bearish only if price sustains above 42200 will act accordingly with price action.
Levels to watch for reversal trades Monday
40000,40200,39800 and 39600 target 200 to 300 points with stop loss 100 points.
Sell on rise only market structure is bearish only if price sustains above 42200 will act accordingly with price action.
Comment:
Nothing Trigered so far to PE side as it is trading inside friday range expecting today sideway avoid trading or scalping side.
Comment:
Enter PE below 39025 stop 39100 targets of 38800 to 38600
Enter only with price action this entry idea based on my analysis do your analysis at levels.
Enter only with price action this entry idea based on my analysis do your analysis at levels.
