BANKNIFTY BEARISH - Price Action AnalysisWith the current Price Action analysis, I feel that the Banknifty will be bearish for this week. The sellers appear to back in dominance. Also, tomorrow we have the Banknifty weekly option expiry if we see it from option trading perspective. Expecting a good move tomorrow.
P. S. - Amateur Trader trying to put in some effort.
Volatility
Change in the view I have changed my view from Long prospective to short , pattern is getting changed where i was expecting an bounce turn out to be an pause
Well we have to adopt change in the volatility as change in the perception
One can look for short sell set up , again i am requesting , Kindly enter with your methods of entry and exit , as few DM have come where to enter and exit
i cant give that information on real time basis
Good luck
Two Screen System (W and D) Trend, Momentum, Volatility, VolumeTwo Screen System (W and D) Trend, Momentum, Volatility, Volume
This system will help reduce the clutter and present a multidimensional view of price behaviour.
Not trading advice, I am still a learner and trying to build a system which works for me.