BANKNIFTY FUTURE ANALYSIS ON 1 HOUR CHART
WE ARE EXPECTING THAT BANKNIFTY CAN TOUCH 40600 LEVELS WITHIN NEXT 2 OR 3 DAYS AROUND.
IF BANKNIFTY FUTURE DOESN'T SUSTAINED ABOVE THESE LEVELS 40600 THAN IT CAN RETEST AGAIN 39900 LEVELS IN THE UPCOMING DAYS.
ONCE IT WILL RETEST AFTER THAT WE CAN AGAIN EXPECT 42000 LEVELS IN THE MARCH EXPIRY ONCE AGAIN.
Happy new year guys,I wish this year we all can fulfill our dreams of becoming successful traders.
So Here is another trades for you.Dogecoin is making a bull setup with a inverted head and shoulder pattern in 1h time frame.There is a strong resistance zone in the neckline of the pattern(0.07091-0.07158 level) which dogecoin is trying to break.A breakout candle...
Bank Nifty 1 Hr Chart with Fibonacci Retracement towards Target of 38200
Option/ Future buyers- Buy only December Month expiry
Also with a view of Monthly and weekly expiry.. Volatility will be there to eat premiums are on both Side.
Dont trade option with November Month Expiry. Still if you want to trade , go only with 1 lot of 38000 with very stick stop...
Guys has per my knowledge we should now enter in Eurusd pair for long position. Because it has break old resistance and act has new support and second reason is it has give very good engulfing candle with confirmation.
Trade on your own risk.
If any suggestions regarding this chart then please let me know 😊😊.