BANKNIFTY 05-04-2022
INTRADAY RANGE 39300-37550
SAME AS NIFTY BANK NIFTY ALSO STRECHED TOO MUCH NEED A CORRECTION
SO WE WILL THINK FOR SELL ONLY
IF OPEN GAP UP
A). 1st 5 min candle is bearish sell below candle low with sl candle high for tgt of 38155-37565
B). if 2st 5 min. candle high hit then wait to come break 39000-39300 then wait for one 15 min bearish candle sell below candle low with sl candle high/ day high for tgt of 38750-38155-37565
only think for buy after correction or near 37800-37200
INTRADAY RANGE 39300-37550
SAME AS NIFTY BANK NIFTY ALSO STRECHED TOO MUCH NEED A CORRECTION
SO WE WILL THINK FOR SELL ONLY
IF OPEN GAP UP
A). 1st 5 min candle is bearish sell below candle low with sl candle high for tgt of 38155-37565
B). if 2st 5 min. candle high hit then wait to come break 39000-39300 then wait for one 15 min bearish candle sell below candle low with sl candle high/ day high for tgt of 38750-38155-37565
only think for buy after correction or near 37800-37200
Comment:
get ready for buying side