BANKNIFTY Intraday Trade Setup For 20 Jul 2023
BANKNIFTY Intraday Trade Setup For 20 Jul 2023
Buy-Above 45710
Sl-45600
T- 45925 46230
Sell-Below 45510
Sl-45400
T- 45280 45034
BANKNIFTY has closed with 0.57% gain today. It has formed an inside candle in daily TF which is a sign of contraction which results sideways before any fresh trendy move. It was a total choppy market today. Nothing triggered as per trade setup today. Today's daily candle is buyers candle so below today's low there can be aggressive selling. Since it a slight bullish candle so above today's high, bullish momentum can be expected.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 45710 then we will long for the target of 45925 and 46230.
For selling we need a 15 Min candle close below 45510. T- 45281 and 45034.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Buy-Above 45710
Sl-45600
T- 45925 46230
Sell-Below 45510
Sl-45400
T- 45280 45034
BANKNIFTY has closed with 0.57% gain today. It has formed an inside candle in daily TF which is a sign of contraction which results sideways before any fresh trendy move. It was a total choppy market today. Nothing triggered as per trade setup today. Today's daily candle is buyers candle so below today's low there can be aggressive selling. Since it a slight bullish candle so above today's high, bullish momentum can be expected.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 45710 then we will long for the target of 45925 and 46230.
For selling we need a 15 Min candle close below 45510. T- 45281 and 45034.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.