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Nifty Bank Index

BANKNIFTY Trading Strategy for 15th May, 2024 | Expiry Trade

179
BANKNIFTY Trading Strategy for 15th May, 2024 | Bullish Reversal confirmed.

✅ Breakout from lower end of rising channel at daily chart.
✅ Breakout from Falling wedge patter at 15 min Time Frame

Trading Strategy :-
✅ Initiate CE trade if Banknifty crosses and sustains (min 30 mins) above 48000 - 48070
✅ Target - 48258/48461

✅ Initiate PE trade if Banknifty crosses 47800-47750
✅ Target - 47607/47429/47099

Look at the chart for more information

Do share your thoughts on the analysis. Lets decode the charts together.
Nivesh_Labs
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algopulse.ai
Nivesh Labs
Also on:
BANKNIFTYbanknifty-analysisbankniftyanalysisBANKNIFTY-TRADEbankniftytradesetupbankniftytrendbankniftyviewChart PatternsexpirystrategyTechnical IndicatorsTrend Analysis

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.
BANKNIFTYbanknifty-analysisbankniftyanalysisBANKNIFTY-TRADEbankniftytradesetupbankniftytrendbankniftyviewChart PatternsexpirystrategyTechnical IndicatorsTrend Analysis
Nivesh_Labs
Join our Telegram Channel for Live Market Trades.

🔥 t.me/AlgoPulse_ai_Trade

Thanks
algopulse.ai
Nivesh Labs
Also on:

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.