Timeframe: 15-minute chart
Support Zone: 43670-43576
Resistance Zone: 44228-44315
In this trade idea, we'll focus on scalping the BANKNIFTY using the support and resistance zones identified on the 15-minute chart. Scalping involves making multiple quick trades within short time frames to capture small price movements.
Go For A Quick Scalp of 10% Profits!!!
Here we have a triangle formation again, Buy the nearest OTM CE/PE in the direction of the breakout for a quick 10% returns.
Trade on the 25th expiry!!!!
Again stressing it's only for a quick scalp of 10%, you should exit as soon as you get that!
For in formation/educational and experimental purposes only!!!
TRADE With Caution!!!!