Bank Nifty Intraday chart with dynamic Trend Lines

Updated

TIME FRAME - 15 MINS CANDLE CLOSE
As long as price is above orange trendline on, Market is under bulls control.
Below Orange trendline is bears.
Above red trendline we will see short covering,
Blue trendline is a strong support , if broken more fall
Price above Deep blue trendline is super bullish /over sold zone

Note

Bears have to careful between 1500 to 1515 hrs

Note

Technically bulls can come from nowhere before 1515 hrs. most likely in last 15 mins

Note

Keep riding bulls trade till 15 min candle breaks deep blue trendline on down side. Candle close - 15 mins

hichandanvyas

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