On saturday approx rally 1200 points so it might me hall for two days market open gap up and close 52500 15 min candle then i will enter the trade and my sl candle low target is 52746.25 if market open flat if the rejection will come from 52200 i will enter the long trade IF it open gap down 51880 will be act as support price was broken and it will retested...
DAily is in up trend but it was in the range and right shoulder is creating untill 53000 to 53200 it may act as resistance
Weekly bank nifty Range is 50283.15 and 54000 Now the trend will go slow upside
Monthly Banknifty It is in the range of High (54825.55) to Low (50283.15) If it break up side it will go up . it will break down side it will go down my point of view i will be in the range of next year feb or march
Check in des Weekly Analysis Weekly closing is in negative previous candle fib 0.382% below closed weekly resistance is 18627 my view is was expecting the range because month last week Daily analysis Resistance at (18750 ) Support at (18627 ) (OI analysis ) CE OI 18700 (oi added 130766) total oi 1,69,383. CE OI 18750 (oi added 80463) total oi 1,01,127. CE...
Check in des Weekly Analysis Weekly closing is in negative But (43400 and 43500) are act as support weekly resistance is 44000 my view is inside candle untill the expiry Daily analysis Resistance at (43715 and 43800) Support at (43480and 43500) (OI analysis ) CE OI 43800 (oi added 52959) total oi 1,05,045. CE OI 43700 (oi added 48868) total oi 78,988. CE...
if long or short the market rules and trade should be perfect before execution ...
if breakdown again we can expect atleat 700 points down
short term stock in weekly breakout candle should be close after close candle price entry or i was drawn a line in chart entry and target
Breakout happened buy after 223 and target 1 and target 2 for short term ,,,,,
10-12-2021 breakout happend in target to 37800 .. there is a round levels 37000 and 38000 and high open interest