BANKNIFTY Intraday Trade Setup For 27 Apr 2023
BANKNIFTY Intraday Trade Setup For 27 Apr 2023
Buy-Above 42880
Sl-42775
T-43105 43335
Sell-Below 42650
Sl-42755
T- 42450 42185
BANKNIFTY has closed on a bullish note with 0.35% gain. It was a great day for bulls as it shot up with double force from day low. Today sell triggered first below 42600 and almost hit our 1st target (42600-42432). Then a morning star formed at day low and reversed completely. Bullishness likely to continue above today's high. Best continuation trade will be on flat opening. It is approaching 42335-50 as per ABCD above today's high. Index will be weak only below 42650 is sustained firmly.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 42880 then we will long for the target of 43105 and 43335-50.
For selling we need a 15 Min candle close below 42650. T- 42450 and 42185.
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 42880
Sl-42775
T-43105 43335
Sell-Below 42650
Sl-42755
T- 42450 42185
BANKNIFTY has closed on a bullish note with 0.35% gain. It was a great day for bulls as it shot up with double force from day low. Today sell triggered first below 42600 and almost hit our 1st target (42600-42432). Then a morning star formed at day low and reversed completely. Bullishness likely to continue above today's high. Best continuation trade will be on flat opening. It is approaching 42335-50 as per ABCD above today's high. Index will be weak only below 42650 is sustained firmly.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 42880 then we will long for the target of 43105 and 43335-50.
For selling we need a 15 Min candle close below 42650. T- 42450 and 42185.
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.
Penerbitan berkaitan
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.