BANKNIFTY Intraday Trade Setup For 27 Sep 2023
BANKNIFTY Intraday Trade Setup For 27 Sep 2023
Bullish-Above 44725
Invalid-Below 44615
T- 45040 45252
Bearish-Below 44530
Invalid-Above 44640
T- 44225 43917
BANKNIFTY has closed with a slight bearish note with 0.32% cut today. In the weekend analysis it was discussed that index can form a base near 44500 and probability of sideways is high after a parabolic down move. It has closed exactly at 44600 in 3 out of 4 last sessions. It was just sideways throughout the day. Sell triggered below 44580 which ended at cost EOD. Tomorrow sustaining above 44725 in 15 Min TF will initiate a bullish momentum. However a clean downside momentum is possible below 44400 only.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 44725 then we will long for the target of 45040 and 45252.
For selling we need a 15 Min candle close below 44530. T- 44225 and 43917. Trail sl below 44400.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
Bullish-Above 44725
Invalid-Below 44615
T- 45040 45252
Bearish-Below 44530
Invalid-Above 44640
T- 44225 43917
BANKNIFTY has closed with a slight bearish note with 0.32% cut today. In the weekend analysis it was discussed that index can form a base near 44500 and probability of sideways is high after a parabolic down move. It has closed exactly at 44600 in 3 out of 4 last sessions. It was just sideways throughout the day. Sell triggered below 44580 which ended at cost EOD. Tomorrow sustaining above 44725 in 15 Min TF will initiate a bullish momentum. However a clean downside momentum is possible below 44400 only.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 44725 then we will long for the target of 45040 and 45252.
For selling we need a 15 Min candle close below 44530. T- 44225 and 43917. Trail sl below 44400.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). 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.