BANK NIFTY ANALYSIS- INTRADAY
If the price breaks above the marked zone and couldn't sustain, one can go for short.
Only if the price couldn't sustain above the zone.
If there is too much bullish movement, one can ignore this analysis.
Only if the price couldn't sustain above the zone.
If there is too much bullish movement, one can ignore this analysis.
Nota
IGNORE FOR NOWNota
LET THE MARKET REMOVE SELLERS AND INVITE FRESH BUYERSNota
INVITING SELLERS, DON'T GO FOR SHORTNota
DON'T ACCEPT THE SELLERS INVITATION @ THE TOP.AS THERE IS NO CLEAR RESISTANCE TO CONSIDER.
Nota
LET ALL THE SELLERS BECOME BUYERS, THEN AT LEAST WE CAN CONSIDER SCALPING ENTRY.Nota
VERY CHOPPY AS NEITHER BUYERS NOR SELLERS ARE STRONG.DON'T GET STUCK BY SEEING BIG CANDLES.
Nota
SUMMARY:NO TRADES IN BANKNIFTY
THIS SAME ANALYSIS WORKED WELL IN NIFTY.
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