Trendtrader
Nifty, Banknifty & Finnifty Intraday LevelsHello traders
Today we have bearish view so let the price to reach at resistance levels and form proper resistance then make any position
dont sell if its directly goes towards support zone, you have to make sell position when it is trading at resistance
dont jump blindly
comment if you want to ask something
Good for swing trade Channel PatternGood trendline has been break
Risky Traders van enter at Retest of trendline break.
Reason-
1. Good Stop loss hunting below the support zone
2. Bullish engulfing candle formation at bottom
3. trendline break with good volume
Safe traders- (where risky traders can add more quantity)
Can enter once the channel is broken with good volume and after successful retest to the upper side of channel