In Weekly TF, BPCL is at Crucial Support and formed Reversal Pattern.
Even in Monthly TF, it is forming beautiful Price Action.
I would be going long if the daily TF candle sustains Above 350.
For Swing trading, My Stoploss would be below recent Support turned Resistance i.e Below 330 AND Target would be between 385-400. Matching my 1:2 RR.
For...
Bank Nifty is at Crucial Support of 43000 Zone. In my view, Bank Nifty is more Bullish than Nifty in the Long term.
1. Bank Nifty Closed below 43000, But is still in the Support Zone. We can plan Buying based on Price action today and we can achieve a Good RR Ratio of more than 1:2 and 1:3.
2. If Bank Nifty sustains below 43000 and breaks the support trendline,...
NIFTY is at Crucial Support of the 18000 zone and today is the weekly expiry. Therefore we can expect volatility in the market and there can be Fake Breakouts.
1. Nifty closed at 0.5 FIB Zone and if it sustains there and crosses 0.382 FIB along with the resistance trendline, Will take a bullish entry on a proper retest.
2. If Nifty breaks the 18000 zone and...
