Here are the levels for bank nifty to trade for tomorrow intraday. marks these important levels. bank nifty price is trading in the range 44150 to 43400 level. mark the fib retracement and according to these levels we can plan for the entries. if the price open gap up and breaks the 0.5 level we can take the long entry if price shows the strength or else if the price open gap down and candle close below the 0.382 level then we can take the short trade. if price open flat and if it shows any weakness near the 0.618 level then on he bearish pattern we can take the short side entry.
if the price even breaks the 0.618 level then the price will move further up to 44000 as well.
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.
if the price even breaks the 0.618 level then the price will move further up to 44000 as well.
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.