Setup for bank nifty
all details are given in chart.
#TAKE TRADE AND EXIT WITH GIVEN TREND LINE
*BANK NIFTY BULL RUN WILL BEGIN AFTER SUSTAING ABOVE 39000
* SHORT AFTER CANDLE 15 MIN CLOSES DOWN BELOW 37200
Trade carefully in small quantity
#FOR MORE DETAILS COMMENT
All data are provided in the chart
* IT'S A CONFLENECE TRADE SO TAKE TRADE CAREFULLY
RSI is not showing BULL Or BEAR in that stock so wherever it turns its target will be that side.
#comment if you have any doubt
SBI Analysis and given level.
It is making a bear flag pattern in 15 min chart.
trade above 512 and make upper target
Short below 510 and take down targets
Trade accordingly and make sure of STOPLOSS.
Bank Nifty NSE:BANKNIFTY
Bank nifty is showing bullish momentum(RSI is bullish) but still, there is a strong hold of sellers following the TREND LINE.
Take trade above 15 min closed above 38000 and go long with upper targets.
Take trade if it gets a rejection from TREND LINE, then go and take down targets
Target is mentioned in the chart.
Levels are provided.
Go with the following chart and make entries in your trade accordingly.
As per data, it's on the negative side.
DON'T TRADE "IN NO TRADE ZONE"