BANKNIFTY 19/01/23
Here are the levels for bank nifty to trade for tomorrow intraday. As tomorrow is an expiry I am expecting price to move sideways. option sellers can sell the options outside of the demand and supply zones. if your an option buyer trade with next week contracts only if the price breaks the resistance and support.
if the price breaks the support take a trade on retest with volume confirmations may be tomorrow can trap the sellers and price may go up.
if price open gap down then wait for the 5min candle and sell at the low the candle. or if you see any strong rejection or reversal pattern you can go short.
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.
if the price breaks the support take a trade on retest with volume confirmations may be tomorrow can trap the sellers and price may go up.
if price open gap down then wait for the 5min candle and sell at the low the candle. or if you see any strong rejection or reversal pattern you can go short.
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.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.