if you want to make new position for long first wait and let the banknifty come into the range bettween 51260-51310.
and let it be conolidated. and after the bullish pattern on 15 min candle breakout start making position phasewise.
Below 51230 candle close will be the indication to exit all the longs.
and let it be conolidated. and after the bullish pattern on 15 min candle breakout start making position phasewise.
Below 51230 candle close will be the indication to exit all the longs.
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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.