It is asimple trading technique which can be used on all time frames. The renko brick size can be adjusted by chossing traditional brick size instead of ATR brick method.
We can choose the brick size according to our risk appetite for any script. Then by just adding 3 indicators , we can trade on any time frame . for intraday 5min and 15 min works superbly. We...
Tomorrow NSE:BANKNIFTY may open with a gap down or flat. This will the best opportunity to enter a long position for 4-5 days.
RSI has entered the oversold entry which can slow down or even stop the falling NSE:BANKNIFTY
Next bullish wave is forming for NSE:BANKNIFTY on Renko charts. Supertrend & Aroon crossover indicates a perfect time to enter in position on Monday. Although, Renko-Supertrend will give exit signal on their own. But, extrapolation of previous Renko Chart resistance indicates a rally till 27250 level which should be a good exit level.