NIFTY has too break 15900 to go for long else it may come to 15400 levels
Look for buying opportunity , bank nifty may give a rally if it breaks and sustains the level shown.
Clearly, we can see that a rising wedge has been formed, gave breakdown and retest. This is a wonderful opportunity to short sell futures.
Bank nifty is in important support area. If it breaks the resistance area shown, then we can expect a sharp upmove.
BUY ABOVE THE BREAKOUT OF THE BULLISH FLAG PATTERN
Bajaj Auto Buy above the resistance with confirmation of proper bullish patterns
Trade on levels as mentioned on the chart.
Case 1 : Gap up opening If opens in supply zone as marked on the chart (red area) and shows rejection, go for selling with target of the marked demand zone(green area). If breaks trend area, then go for buying after retest. Case 2 : Gap down opening Wait for price to come to demand zone, then go for buying opportunity on trend reversal patterns (Inverted h&s,...
At important support level. Wait for trendline breakout to take entry.
Trendline breakout + previous resistance turned support. Buy on trendline breakout.
At important support zone. Buy on bullish patterns (Bull flag and pole/falling wedge, etc.)
Multiple times trendline tested+ Descending triangle. Sell on trendline breakdown . Take entry only after retest.
Bajaj Auto falling wedge on 15 min TF + Weekly Support Rejection . Buy on breakout of the wedge.