5JULY ANALYSIS:
[Today opening of banknifty is important]
[ Bullish market does not give opportunity to intraday traders, so positional view should be made and
when market does not give good opportunity, histotically it means market is getting ready for big move]
Banknifty
side: if market give upside breakout then buy(PS-50%)
gapup: wait for price-action or create strangle market could remain volatile for first half(PS-30% )
gapdown: market could go down/ profit booking could come [70%]
big gapdown- you could buy if 5 min candle starting to look like hammer [100%ps]
[Today opening of banknifty is important]
[ Bullish market does not give opportunity to intraday traders, so positional view should be made and
when market does not give good opportunity, histotically it means market is getting ready for big move]
Banknifty
side: if market give upside breakout then buy(PS-50%)
gapup: wait for price-action or create strangle market could remain volatile for first half(PS-30% )
gapdown: market could go down/ profit booking could come [70%]
big gapdown- you could buy if 5 min candle starting to look like hammer [100%ps]
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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.