mcpriceaction

BANK NIFTY VIEW FOR JULY INTRADAY

Long
mcpriceaction Updated   
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Based on the chart analysis BNF seems more bullish than Nifty. market may open with little Gap Up on 04 July 2022

We may discuss three scenerion
1- If BNF Opens with Gap UP-150-200 points up.

33950 /34100 are two resistence area

30 mins/1 hr if BNF sustain above then
we can sell PE of 33700 with 33500 next week expiry buy hedge

if BNF stops near resistence dont hesitate to Short 34300 CE (if resistence near 33100) short 34200 ce(if resitence near 34000/33900)
more specific update will be given after marekt will open
stay tuned with me.

2- if BNF is open in range check for 1 hrs candle if not broken
sell nearest hundered CE/PE and buy same lot of 200 points away ce/pe

and enjoy the ride

3- if BNF open with Gap Down : wait for 1 hr candle where it is going to settle than plan your trade lower side 33 300/400 is support

rest will update after market will open tomorrow



mcpriceaction



Trade active:
Best Ever trading Analysis
BNF respect the first resistance are 33830
so what else you nee
you can plan your trade with this learning.

pls comment if you want how to make strategy from here
thanks for your support do like and appreciate if you like the efforts
mcpriceaction
Trade active:
Perfect setup/perfect trade
see the resistance lines drawn yesterday become PATHAR KI LAKEER
BNF touched it and came back

hope you guys are enjoying learning
if like the efforts kindly gives a thumps up
mcpriceaction

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.