BANK NIFTY 24/07/23
Here are the levels for bank nifty to trade for tomorrow intraday and mark these levels on the chart. on weekly TF price strong and made a new high. on daily TF price a in decision candle. and price rejected from the fib extension level 1.618 . on the 15min TF price formed a hidden bullish divergence and if the price open flat or gap up then if it breaks the 1.618 level then we can see upside move and we can take the entry on retest.
if the price open only gap down breaks the 1.272 level then we can take the short entry enter only retest with other confirmation or the price open below that level wait for the retest and take the entry.
TIP: always buy the at low and sell at high.
Here I mention only the high probability trades only. as intraday trader you can have multiple entries and exits according to your setups.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
comment below if you have any doubts.
if the price open only gap down breaks the 1.272 level then we can take the short entry enter only retest with other confirmation or the price open below that level wait for the retest and take the entry.
TIP: always buy the at low and sell at high.
Here I mention only the high probability trades only. as intraday trader you can have multiple entries and exits according to your setups.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
comment below if you have any doubts.
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