HOW TO FOLLOW ALGO SIGNAL:
1.Strictly use only on 1 hour time frame.
2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity.
Taking a position:
3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open...
Decision Line:- 23,964 above long & below short.
The move from 20,405 to 24,819 is complete an ABC correction is in progress, which gives a logical target of C at 23,150- approx.
The structure completes above 24,386 and the new up-move starts from there.
Price has stayed above the blue trend line 99% of the time during the last 4 weeks and it has...
24,364 ( 50% of 32,613 to 16,116) holds u see 26,311 ( 61.8%).
SL for all positional long is 24,020.
Decision Line:- 24,500
Two strategy to trade:-
1. Range Trading :- 24,250 to 24,750
2. Range breakout trading:-
Buy Above 24764 Tgt 24850,24990 and 25040 (Bank Nifty Spot Levels)
Sell Below 24250 Tgt 24050,23,900 and 23677 (Bank Nifty Spot...