BANKNIFTY- Tradeplan for 27Mar24
BNF tried to move past 46753, it failed and made a double top before testing 46546.
This is a level that had previously pushed price to around 47000, however, with recent movement, it had been respecting a parallel channel formed in 15MTF. If level 46699 is not broken, we can expect a movement down, this will also fill the gap before moving to 46360.
Note: Ideas share by me are only for educational purpose. Markets are subjected to risk, please do your due diligence before making investments/ trades.
This is a level that had previously pushed price to around 47000, however, with recent movement, it had been respecting a parallel channel formed in 15MTF. If level 46699 is not broken, we can expect a movement down, this will also fill the gap before moving to 46360.
Note: Ideas share by me are only for educational purpose. Markets are subjected to risk, please do your due diligence before making investments/ trades.
Ordre annulé
Price took good support at day support and moved up with good momentum, making HH and HL
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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.