BANKNIFTY1! trade ideas
#BANKNIFTY it's possible to sell#BANKNIFTY for Price trading the 1hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support or trendline 3rd touch
Why we like it
Price trading the 1hr resistance
moving to the next level support
waiting for bearish candlestick formation
Trading in trendline
1st support:
39328
Next Zone area & horizontal swing Low support
1st Resistance
43200
Zone area & horizontal swing high resistance
#BANKNIFTY it's possible to sell#BANKNIFTY for Price trading the 1hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support or trendline 3rd touch
Why we like it
Price trading the 1hr resistance
moving to the next level support
waiting for bearish candlestick formation
Trading in trendline
1st support:
39328
Next Zone area & horizontal swing Low support
1st Resistance
43200
Zone area & horizontal swing high resistance
BANKNIFTY view on 30minNSE:BANKNIFTY
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
#BANKNIFTY it's possible to sell#BANKNIFTY for Price trading the 1hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support or trendline 3rd touch
Why we like it
Price trading the 1hr resistance
moving to the next level support
waiting for bearish candlestick formation
Trading in trendline
1st support:
39328
Next Zone area & horizontal swing Low support
1st Resistance
43200
Zone area & horizontal swing high resistance
#BANKNIFTY it's possible to sell#BANKNIFTY for Price trading the 1hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support or trendline 3rd touch
Why we like it
Price trading the 1hr resistance
moving to the next level support
waiting for bearish candlestick formation
Trading in trendline
1st support:
39328
Next Zone area & horizontal swing Low support
1st Resistance
43200
Zone area & horizontal swing high resistance
Bank Nifty FutureI am posting the WEEKLY chart of BNF....... explaining the entire Scenario to you all. These calculations are based on Fibb + EW Retracements on the downside/upside. Now remember this..... In as much as I am able to see the path forward, it DOES NOT MEAN it will happen Tomorrow. Every move takes it time to play out, and this is a Weekly chart. Remember this