Once market opens within given levels, This Intraday setup couls be used for Intraday-scalping.
Refer chart levels mentioned in chart,for the positonal or swing trade.
Kindly Refer Chart to know the trend of nifty using wave analysis.
Gann levels in synchronization with Neo-wave. Momentum Divergence indicator for confirming view.
Nifty is On-Going 5th(daily) of 5th(weekly) wave,in correspondence with Time cycle. 16130 & 16255 would act as magnetic leve in coming days.
Refer Chart for knowledge purpose.
REFER CHART FOR LEVELS.
AS PER NEO-WAVE 29712 & 29412 ARE CRUCIAL LEVELS FOR BANK NIFTY.