BANK NIFTY 08/06/23
Here are the levels for nifty to trade for tomorrow intraday. tomorrow is an expiry so trade in next week contracts if you are an option buyer. Bank nifty is weak as compared to nifty tomorrow we can see a sideways market. until the price sustains above the 44250 market will be bullish to sideways. 44000 to 44250 or 44250 to 44500 will be the range for tomorrow. or tomorrow trade in 15min TF so that we can avoid fake entries and traps.
if the price breaks the green demand zone then we can take the short trade on the retest of the candle with the volumes confirmation.
if the price breaks the day high then we can take the long entry but price has to consolidate before breakout and the buyers should accumulate before that break. enter on the 15min candle.
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 breaks the green demand zone then we can take the short trade on the retest of the candle with the volumes confirmation.
if the price breaks the day high then we can take the long entry but price has to consolidate before breakout and the buyers should accumulate before that break. enter on the 15min candle.
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.
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