intraday setup banknifty channel mode
I wander why people think nifty/banknifty in bearish mode..
today banknifty was in red but it doesn't mean its bearish.
its moving in perfect channel mode and i depicted all posiblitiles.
the trigger for short only when it break the trendline.
level are different and the short setup will depend on how it open tomorrow.
there is very simple setup for banknifty i.e. ORB which i play most of the time and its very good and profitable. ( just need patient)
today banknifty was in red but it doesn't mean its bearish.
its moving in perfect channel mode and i depicted all posiblitiles.
the trigger for short only when it break the trendline.
level are different and the short setup will depend on how it open tomorrow.
there is very simple setup for banknifty i.e. ORB which i play most of the time and its very good and profitable. ( just need patient)
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