BANK NIFTY FUTURES 16th June 2023
Mis à jour
It would be very interesting to observe what happens when
1. Price opens within the range marked of Red, Blue and Green Lines.
2. Price opens below / above the range but within the range of the previous day
3. When there is a Gap up and Gap down opening.
If You are studying the charts in lower Time frames and observing price action, Let me know in comments your observations on the points 1,2 and 3 mentioned above.
Keep Following for LIVE UPDATES
1. Price opens within the range marked of Red, Blue and Green Lines.
2. Price opens below / above the range but within the range of the previous day
3. When there is a Gap up and Gap down opening.
If You are studying the charts in lower Time frames and observing price action, Let me know in comments your observations on the points 1,2 and 3 mentioned above.
Keep Following for LIVE UPDATES
Note
A Gap Up may not sustain today...need to watch how price reacts.Note
I will be looking to sell on rise and as per price action confirmationNote
Keep a tab on price action at resistance areasNote
Price action to be followed in toto. A big gap up market may go up. Small gap up shd not sustain.... big gap downs, market has enough supports follow price action. Flat opening and breakdown may result in further bearishness.
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