Nifty Bank Index

banknifty pre market analysis

63
21JULY ANALYSIS:
Daily analysis:
[today if nifty opened gap up then could form a doji candle(side)]


Banknifty
side: if market gives breakout after some consolidation then buy(PS-50%)
gapup: for gap up wait for price-action and then buy if market goes up after taking support (ps-50%)
if a morning star candle formed(inverted candle with wick) then we can sell in very less quantity (ps-20%)
gapdown: if gives breakout upside after 5 min hammer candle we willbuy [70%]
below 45700 is sell zone. before that we will not sell in high qty

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.