Here are the levels for bank nifty to trade for tomorrow intraday. on weekly TF price is looking like bearish and in daily TF as well. so we can take the trades on the both sides. here the fib retracement levels are intent so mark these levels and the 0.618 level is very crucial. if the price breaks open flat and breaks the day low and closed below it don't short immediately wait for some small pull back and then take the short trade. and if the price breaks the 0.5 level then we can take the long trade on the volumes confirmation. compared to nifty bank nifty is bearish. and tomorrow might form a inside candle if the price opens gap up. and 20 DEMA can act as support so mark this moving average.
TIP: always buy the at low and sell at high.
Here I mention only the high probability trades only. as intraday trader you can have multiple entries and exits according to your setups.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
comment below if you have any doubts.
TIP: always buy the at low and sell at high.
Here I mention only the high probability trades only. as intraday trader you can have multiple entries and exits according to your setups.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
comment below if you have any doubts.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.