NSE:BANKNIFTY Trade Setup for Date 05-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid...
NSE:BANKNIFTY Observations: 1) On 1hr time frame, if you can remeber from my past BANKNIFTY TRADE setup that we have a parallel channel support for BANKNIFTY. On Friday,01-10-2021, it took support from the upper trendline of that parallel channel. I am also putting that previous idea in which I talk about that parallel channel. Please refer it in link...
NSE:BANKNIFTY Observations: 1) On 15 min time frame, there are two lines 1) resistance line and 2) Temporary support line. If it open in between then breakout on either side will give move on that side but better to trade with levels only. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date...
NSE:BANKNIFTY Trade Setup for Date 29-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid...
NSE:BANKNIFTY Observations: We can see that two trendlines, 1) Resitance Trendline & 2) Support Trendline. Brekout of either side will give quick move on that side. Please refer below chart. ------------------------------------- Trade Setup for Date 28-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for...
NSE:BANKNIFTY Observations: 1) On 15 time frame, It made reverese from the upper trendline of parallel channel. People who are following my ideas may know about this trendline. But who are going through this post for the first time then you can refer in some of my previous post for Banknifty. I am adding the link of those tradesetup at the bottom in the...