ashray1

Banknifty Analysis Intraday or Swing Trading

Short
ashray1 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Banknifty Is not moving as much beacuse of India Vix - below 15
were option selling is highy recomended.
there will no move in market after 2:30. might be some move.
taking small target for today and needs to be strict with stoploss.
hence there will be stoploss hunting as on Spot Price chart there are movement, but not in Banknifty Chart.

So highly Recommended option selling is best for today.
Slow Market.
Entry taken if 5 min candle close above in our Entry point direction.

Comment:
Going Same as per line made!
Keep on eye and don't jump on any trade in between.
trade setup is really important with Plan.

Thanks
Have a profitable day
Trade active:
It Can reverse or go on downward direction!
please watch, and Not a day for buyers only option selling!
Comment:
42400 - 42415 is a Supply and demand zone
Its acting as magnet. and Making Triangle pattern,
No close of any candle towards over direction,
still waiting for Trade.
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