Banknifty Trendline

Nov 21, 2022

Banknifty Trendline support and Symmetrical Triangle Pattern side by Side
On 15 min chart
42300 is acting as Magnet,
If it breaks up then this act support,
No trade
Kindly Watch

Nov 21, 2022

Trade active

Wait for Hammer Candle or Bullish Candle in 3 min
Then it may go up side!
My Trendline setup is working Fine.
Great Trade, for Atleast 1 Hr bullish trend

Nov 21, 2022

Trade active

Kotak Bank is bullish
But HDFC bank is Bearish
means volatile market,
If we looking for Trend,
Then This Trendline works as Best to give Best Setup,
Highly Recommend If it breaks any of trendline, Then you will Catch the Trend and There will be some recovering!
As per me book Profits and then Re Entered Again!

Thank you for liking my work!

Nov 21, 2022

Note

Excactly working, if you are Scalping between Symmetrical Triangle Pattern , then you are in profits forsure.
As per me, Banknifty have to go upside after breaking trendline, there must be less chance for retracement because of lesser time to end the day.
Target for up side would be 42380
If breaks Down then there will be not much Movement.

Kindly Strict to my ananlysis!
Please Follow and Like,
If you like my work
Thank you!

Nov 21, 2022

Trade active

Trade Is going on Best Move up side,
Hitting the target of 42380,
Just as i said.

Thanks for Believing in me
Regards
Ashray - DIGI Ashh Pro Trader

Nov 21, 2022

Trade closed: target reached

EveryBody Is saving their was no support in bottom,
Kindly add Pivot Fibonacci, you will get to know there are multiple support in bottom, but on upper side their was no Resistance, only pivot!
and Pivot gives up move not down move!
Target Reaches - 42380 as said!

Thanks