as the budgetis fast approaching many people often gt trapped trading the volatality so i am posting 3 levels on bank nifty intraday, short term swing trade and a long term trade where i think the mkts could go if there is not too much positives from the budget
first level posted on the chart is an intraday trade or probably a BTST with entry arnd 26755 and...
the level on daily could be a good trading idea and could act as a bear trap after breaking a long term support people might sell it into a daily demand...
overall after the ongc deal the levels on monthly and weekly could be good for investment for the next 3-6 months to gt a return of 30-40% return
As most crypto currencies seemed to have turned trends to sideways to down....it was inevitable that we another round of selling from the upper levels wwould comein as many traders were trapped in the previous fall and they mite have exited in the bounce, but still if the bad news persists and we see a fall these are a couple of levels on ltc where one could look...
A very good shorting opportunity looks to have missed my entry but 1 could still take entry if the prices return to our entry which was initially @1239 but as the entry was missed once already i would now like to take a conservative entry @ 1254 with a stoploss @ 1282.5 and trgt1@ 1224 trgt2@ 1194 and trgt3 @ 1164
aan aggressive counter trend short idea on axis bank....there is a pro gap around these levels from where the axis bank is reacting and with a small stop one can try to short it but with strict stop loss of 640.15 and entry @ 619.75
