Banknifty Intraday (03-Jul-2024)📈 #BankNifty 15-min Intraday Strategy (3 Jul):
Buy above 52,400 🎯 Target: 52,750+
Sell below 52,000 🎯 Target: 51,750-
Key Levels:
Resistance: 52,395.60
Support: 52,151.85
#Trading #StockMarket #BankNifty
Bakniftyoptions
Banknifty day tradingWe could buy above 44350 breakout but for selling have less quantity and only sell after market show some consolidation.
Selling scenario could only come after big gapdown.
for gapup wait for further price-action.
Consolidation ContinuesToday BankNifty will continue its Sideways trend. Jackpot for Option sellers Buyers have to wait for the Correct Ce at the Bottom. Holding on a positions could be devastating for Option Buyers.
Major levels markedwell if there will be a 400 to 500 gap opening then I don't see much upside move in intraday. all we have do is just wait on the sidelines and wait for any of the horizontal line breakout or breakdown then we can just follow the price.
Best of luck traders.
make sense..?I will keep my bias towards bearish sides and will trade only down side if market moves opposite direction I wont trade.
thats how I keep my trading simple yet effective.
FIB levels marked.chart itself is showing us what we should be doing tomorrow.all we have to do ourself is to maintain our RRR ratio which is the only holy grail of stock market guys.
best of luck traders.
is this is enough to decide the next week trend of banknifty..?well, it is a bit hard for me to from this particular move to decide the rest of the week trend. we are continuously bullish for the past few weeks. now I think this is the time for consolidation a bit. as we all know the market will not go up all in a single lane. still, i will keep my bias neutral so I can benefit from both side's moves in the market.
