If BTCUSD breaks the 3rd supertrend and turns Red a short trade can be taken with the stoploss of recent high and taking risk to reward 1:1 as first target we take the recent support and 1:1.25 as second target its a small trade idea using SUPERTREND and SUPPORT AND RESITANCE on smaller time frame . Peace :)
NIFTY BANK is expected to open gap up since sgx nifty is floating in +ve 30 points approximately . These level can be used for today's session market is currently on high taking a long trade without these levels might be very risky . Have a great expiry . Peace (:
NIFTY is currently taking the support from the trends in chart and took resistance 3 - 4 times from upper zone if the zone is broken downwards . Market can have a 2-3 % fall Banknifty on also verge to fall it has taken a strong resistance but still on hold with its highest high.
It is the decisive moment for bank nifty .If it breaks previous chart shows what can be the resistance . If it takes resistance from the previous high the supports can be seen as S1 AND S2 tomorrow is very important for banknifty mostly the market will be driven by BANKNIFTY . Coming expiry or this week thursday 18 may . We can see big movements in Banknifty...