Understanding trades of banknifty future for 25.11.2021 (thursday).
in one place place i mentioned tomorrow's date as 25th "December", it is a mistake please consider it , and take it as 25th November.
Looking at the market sentiment, It seems selling 38000 level CE/PE would be best.
The straddle should be made before 9:18.
I would be sharing my Profits and losses in next idea.
BankNifty Futures has lost more than 3000 points from a recent high of 41800 zones. BankNifty Futures has a good support zone between 37700 - 37500 zones and if this level holds, we can see approx 3000 points Bounce from this zone.
The RSI is current at 44 levels and it also has strong support at 37-35 zone.
We would try to get time to re-analyze and update this...
Hi Traders,
This post shows the levels posted yesterday on the community tab worked so perfectly that all support and resistance were on two halts made 3 & 4 the whole day. The video link given below gives the insight of using these levels to explain the cause of range-bound movement. The idea to trade this day was posted yesterday at which...
Nifty Bank Futures Key Trading Level for 9th Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial...
Niftybank can look for support zone of 36590-36700 for tp of 39000-39330
only for positional players
Disclaimer : Only for educational and learning purpose.
