imp levels 30791 & 30465
Set The Alert At Given IMP Levels
When Alert Triggers
Open 3 Min Candle Chart
See Weather We Get Breakout At IMP Level
Check Weather The Breakout Is Buy Side Or Sell Side.
If There Is A Breakout, Wait For The Next Candle Be Formed
buy or sell @ next candle high or low as per breakout
Currently the Hero Moto is 3033.45. IMP level 3043.5
If heromoto gave a breakout at 3043.5 on a 3 minute chart with volume, then buy it at 20 to 30 paise above the high of BREAKOUT candle.
Giving breakout with volume is very imp
Bank Nifty's imp levels for tomorrow are 22049 and 21929.
Suppose if Bank Nifty opens above 22000 tomorrow, it may go up with the support of 21929 or trendline.
And suppose if Banknifty breaks the 21929 support, then Banknifty could go down to the trendline I drew.
Banknifty could take a reversal from the trendline I drew.
if nifty open above 11416 then nifty break 11416 support level and goes to downside otherwise get reversal from 11416 & goes up up-to 11457 or fallow the trend line drawn in the chart.
if nifty open below 11416 then it goes downside if nifty doesn't hold trend line support