BankNifty's route-map for March-22nd
מעודכן
As we saw BNF given a good movement in Down-side in first half in Yesterday session. After that it stuck in a range.
There should be a break-down of the same range by Gap-up or Gap-down in tomorrow session opening.
Rest of all, Everything has mentioned on the chart, please have a look.
# All will be same, But There is a condition If BNF opens above 36290 than wait for to price close below the same. Then 1st Target will be 36050. After that, you can see all further Targets on the chart to ride the Down-trend.
# If down-trend keep continue after Target 1 then book profit asap when price touched Target 2 becoz it can be a Reversal Point.
# Up-side trend will only be confirmed when price closed above the Resistance Zone.
This Study is Based on Harmonic Pattern, Fibo-Levels and Price action.
If found this study Helpful, then please LIKE. And for getting ideas in Live Market, can FOLLOW me as well.
There should be a break-down of the same range by Gap-up or Gap-down in tomorrow session opening.
Rest of all, Everything has mentioned on the chart, please have a look.
# All will be same, But There is a condition If BNF opens above 36290 than wait for to price close below the same. Then 1st Target will be 36050. After that, you can see all further Targets on the chart to ride the Down-trend.
# If down-trend keep continue after Target 1 then book profit asap when price touched Target 2 becoz it can be a Reversal Point.
# Up-side trend will only be confirmed when price closed above the Resistance Zone.
This Study is Based on Harmonic Pattern, Fibo-Levels and Price action.
If found this study Helpful, then please LIKE. And for getting ideas in Live Market, can FOLLOW me as well.
הערה
if closed above 36300 in 5 minutes timeframe then Go for 36400-450הערה
As we booked far enough points in today's session, Closing the trade now.Price seems not able to break the Resistance level @36290. Maybe it needs a Gap-up or a very strong momentum to do it.
עסקה סגורה: היעד הושג
Session Summery :-It was defiantly a very profitable day, Booked 1200+ points today.
I tell you frankly that i am not a Big amount trader like trading with many lakhs or Crore. So i try to book as much as possible Profits as far my study allows me confidently.
Price started to fell down from exactly as given Shorting level without creating any confusion. Straight went down for 600 points till Target 2 and reverse as exactly i mentioned in the chart description.
Reversal was quick with a strong momentum and went upto given Resistance level @36290. and it was a another bigger opportunity to book profit.
Now, there are two conditions to get confirmation for Up-side movement. Price have to break the resistance level first and second, cross & close above the Resistance Zone too. After that it will get a another space to fly further.
will update a new BNF Route-Map for tomorrow session.
Thank You
הערה
There are no need for a fresh chart until Price break the Resistance Zone. All previous levels will act as it should be.הערה
Down side Target 36100-50הערה
Reversed from 36140, so had to close manually...But it will end around 36050 at least.
Or it have to close above 36330 for Up-side move.
הערה
Low 36079...הערה
Suggest not for any upside buying...until 36330.Resistance Zone 36290 to 36330
העסקה בוטלה באופן ידני
BNF is too wild to trade in today's session.Though Booked around 400+ points with 1 SL hit of 150 points.
Closing the Trade for now...
כתב ויתור
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