Harmonicstrader

Harmonicstrader

Hello traders, Banknifty has again gave a closing above a very major level.and currently at 61.8 level. Next trading will be based on this 1. If market opens in between yesterdays high and low and breaks 36610 then take call position for a target of 37300 with sl of 36350. Contrary if if breaks 37350 then take put for a target of 36000 with sl of 36400. 2. If...

Harmonicstrader

Hello traders, Nifty and banknifty both have shown some bullishness yesterday. But still we will not go totally bullish because nifty has to close above 17620 to enter bullish area. 1. Nifty is currently seems to be travelling in a parallel channel in 5 min time frame. Please draw this channel in your portal. Nifty has closed right on the centre dotted line. If...