#96 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know.
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Today's (15/7/2020) Intraday Nifty & BankNifty Gann Support and Resistance Levels are:
Nifty
R1:15897 R2:15918 R3:15981 R4:16044 R5:16108
S1:15843 S2:15822 S3:15759 S4:15697 S5:15634
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only....
Nifty50 and Banknifty saw a day with healthy moves for bulls. Banks and Reliance lagged a little.
Where do you think the stockmarket is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250,...
A breakaway gap occurs when the price gaps above resistance or gaps below support. Support or resistance, in this case, is often associated with a chart pattern, such as a trading range, triangle, wedge, or other patterns. Breakaway gaps often occur early in a trend and show conviction in the new trend direction.
How To Trade A Breakaway Gap?
The market moved...
