Trader_Scorpio

Trader_Scorpio

On 15m Chart Fresh long position indicated on 4th Aug at 12:00 to be held until negative crossover of conversion line and base line.

Trader_Scorpio

Weekly Chart of banknifty is still Bullish. Any close below 44850 is the indicator to exit long position and book profit. Fresh upside is possible above 47370.

Trader_Scorpio

Nifty may trade between the range of 19990 and 19300. 19500 is the level to watch. 19540, 19790 are the key resistances.