Support Zone - 44558 to 44618 -- Resistance - 44660 --
Waiting to Break either side of the pattern. I will trade with Full qty if Breakdown and 50% qty if Breakout.
* Flat Zone - 19706 to 19652. * If Nifty Breaks 19652 I will try for Bearish Trade as per PriceAction. * If Nifty Breaks 19706 I will try for Bullish Trade as per PriceAction.
* Strong Resistance Zone - 46199 to 46251 Strong Support Zone - 45628 to 45688 * If Banknifty Sustains above 45950 then as per price action I will try for Bullish Trade if it Breaks Upper Resistance. * If Banknifty Sustains Below 45950 and above support zone then as per price action I will try for Bearish Trade if it Breaks Lower Support.
If Opening Flat - Between Range = 19653 to 19780 . * After Consolidation of minimum 25-30 minutes in the Flat range if candle closes above 19780 then 1st Target is 19815 and 2nd Target is 19843. * After Consolidation of minimum 25-30 minutes in the Flat range if candle closes below 19653 then 1st Target is 19600 and 2nd Target is 19571. * I will avoid...
If Opening Flat - Between Range = 20461 to 20562. * Strong Resistance Zone - 20612 to 20653. * Strong Support Zone - 20461 to 20497. * After Consolidation of minimum 25-30 minutes in the Flat range if candle closes below 20461 then 1st Target is 20409 and 2nd Target is 20375. * I will think of Bullish trade only after the Breakout of 20653. * I will avoid...
If Opening Flat - Between Range = 45855 to 46078. * After Consolidation of minimum 25-30 minutes in the Flat range if candle closes below 45855 then 1st Target is 45773 & 2nd Target is 45687 and then 3rd Target is 45605. * Today I will Avoid Bullish trades as there are many resistants' or will trade with minimum quantity. * I will avoid trading in the Flat zone.
If Opening - Flat. * Bullish Above 46218 First Target is 46366 and then as per price action in live market. * Bearish Below 45888 First Target is 45663 Second Target is 45513 and after it as per price action. * Strong Support from 45360 to 45470.
If Opening - Flat If Sideways & Breaks 19797 then 1st Target 19868. and more Bullish Above 19888 (as per price action in live market) If Sideways & Breaks 19690 then 1st Target 19637. and below it as per price action in live market.