BANKNIFTY Intraday Trade Setup For 19 Sep 2022
Buy-Above 40900
Sl-40790
T- 41200 41500
Sell-Below 40500
Sl- 40610
T- 40300 40085
BANKNIFTY has closed on a negative note with more than 1% cut. On 15 Sep a shooting was spotted at ATH and we planned to short below the candle's low - 41150 and it gave a good directional move of 600+ points. Now the weekly candle is a shooting star. Next move will be triggered below and above shooting star's low and high respectively.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 40890 then we will long for the target of 41100, 41200 and 41500 if 41200 is sustained. This trade will be best if we get a pullback before breakout and should be considered.
For selling we need a 5/15 Min candle close below 40500. Downside targets will be 40280, 40085 and 39865.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Buy-Above 40900
Sl-40790
T- 41200 41500
Sell-Below 40500
Sl- 40610
T- 40300 40085
BANKNIFTY has closed on a negative note with more than 1% cut. On 15 Sep a shooting was spotted at ATH and we planned to short below the candle's low - 41150 and it gave a good directional move of 600+ points. Now the weekly candle is a shooting star. Next move will be triggered below and above shooting star's low and high respectively.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 40890 then we will long for the target of 41100, 41200 and 41500 if 41200 is sustained. This trade will be best if we get a pullback before breakout and should be considered.
For selling we need a 5/15 Min candle close below 40500. Downside targets will be 40280, 40085 and 39865.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
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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.
Publications connexes
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.