Hello traders,
Previous week BANKNIFTY was very BULLISH even though it faced some RESISTANCE.
It literally surged from 33200 to 34500.
* It is a 1500 POINTS UPMOVE.
IMPORTANT LEVELS ----> 33300 ---- 34000 ---- 35000 ---- 35600.
1) Last friday BANKNIFTY was in tight consolidation so a BREAKOUT OR BREAKDOWN may give a strong move.
2) If BANKNIFTY breaks 34000 level go SHORT
TARGET --- > 33300
3) If BANKNIFTY give a BREAKOUT & RETEST at 35000 level we can go LONG.
TARGET ---- > 35600
If BANKNIFTY opened with GAP UP or GAP DOWN the trade setup will change but the levels are same.
Do comment your thoughts ...
Thank you <3.
Previous week BANKNIFTY was very BULLISH even though it faced some RESISTANCE.
It literally surged from 33200 to 34500.
* It is a 1500 POINTS UPMOVE.
IMPORTANT LEVELS ----> 33300 ---- 34000 ---- 35000 ---- 35600.
1) Last friday BANKNIFTY was in tight consolidation so a BREAKOUT OR BREAKDOWN may give a strong move.
2) If BANKNIFTY breaks 34000 level go SHORT
TARGET --- > 33300
3) If BANKNIFTY give a BREAKOUT & RETEST at 35000 level we can go LONG.
TARGET ---- > 35600
If BANKNIFTY opened with GAP UP or GAP DOWN the trade setup will change but the levels are same.
Do comment your thoughts ...
Thank you <3.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.