Nifty Bank IndexSingkat
Banknifty 20th April 2022 - Intraday Trade Analysis
According to previous it was decided to sell whenever it makes negative candle near 37000. And this happened today.
Banknifty
Flat opening - Will wait for retracement before selling again. No immediate trade due to 1000 points move in the last hour.
Gap up - Will wait for shooting star or 5 min red candle and then sell again but for smaller target.
Gap down - Will look for buying price action near 36000. Because it has become support now.
So, 36000 = Support and 36500 = Resistance1 and 37000 = Resistance2
Thanks
Banknifty
Flat opening - Will wait for retracement before selling again. No immediate trade due to 1000 points move in the last hour.
Gap up - Will wait for shooting star or 5 min red candle and then sell again but for smaller target.
Gap down - Will look for buying price action near 36000. Because it has become support now.
So, 36000 = Support and 36500 = Resistance1 and 37000 = Resistance2
Thanks
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.