here is my chart in which u can clearly see bhartiaitelshowing signs of a breakout as soon as an green candle is able to sustain its position above the range i will be lookin to long Bhartiairtle!!
Guys here is my banknifty trading setup . I will be looking for a breakout to trade a long position but if banknifty sustains below the support (39200) i will be looking to short banknifty.!!
Congratulations my dear traders banknifty has broken the range channel and is bullish right now!!
and will be gettin support from the monthly support(pivot)
banknifty is moving in a channel evry turnarounds from the borders of channel can be taken as an entry for options trader and positional traders can also wait and look for a channel breakout. :)
