7JULY ANALYSIS:
[Market is at very interesting stage, looked perfect bullish but near round level, so SL could get hit.
So for intraday traders, only after consolidation above round level could be buying area in full qty]
Banknifty
side: if market give upside breakout then buy(PS-50%)
add qty after 45500(morning),45600(1-2pm) breakout
gapup: wait for price-action buy on breakout
gapdown: see further price-action and sell after double confirmation [70% ps]
big gapdown- you could buy if 5 min candle starting to look like hammer [100%ps]
[Market is at very interesting stage, looked perfect bullish but near round level, so SL could get hit.
So for intraday traders, only after consolidation above round level could be buying area in full qty]
Banknifty
side: if market give upside breakout then buy(PS-50%)
add qty after 45500(morning),45600(1-2pm) breakout
gapup: wait for price-action buy on breakout
gapdown: see further price-action and sell after double confirmation [70% ps]
big gapdown- you could buy if 5 min candle starting to look like hammer [100%ps]
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.
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.