BANKNIFTY INTRADAY for 10 Dec,19

By The_RedTicker

Updated

Happy Trading!!

Trade active

Bought banknifty, sl 20 point (current 3 min low)

Note: not a zone trade

Note

can also buy nifty, sl 10 point. Zones not uploaded on tradingview.

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the moment banknifty enter Uzone, 31365 levels, I will get my 1:1

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not going without a fight :). low confidence though.

Trade closed: stop reached

now it shouldnt stop. break below 31324 levels on fut. its a perfect red day

Trade active

Buy again, fut, 10 point sl

Note

my entry around 31325

Trade closed: stop reached

Not my day. No more trades.

Its giving respect to zones but there is momentum difference between fut and spot, hence did a little agressively. My bad.

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Changing my view from bullish to bearish for the moment. See a flag (bearish) in nifty

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Patterns on a smaller time frame dont usually make sense, but iam using it a supportive point.

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the levels in puts and calls relatively indicate atleast intraday bullish/bearish revesal sentiment. atleast there wont be a one way fall. its not moving like it usually does, still i am willing to buy while its in the Lzone. Nifty is to be strictly avoided.

Note

No zones idea for tomorrow, working on some calibrations.

The_RedTicker

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