Long
Bank Nifty 55500CE intraday analysis for April 21, 2025
On the 15-minute interval, the trend is bullish.
The 55500CE entry has been confirmed at ₹180 (since the Scalper indicator signaled a 'Buy' on the previous candle, we consider the opening price of the next candle as the entry).
The stop loss is placed at ₹104.25.
There is strong resistance at ₹306. Once the price breaks above ₹306, the immediate target is ₹379.
This is just my view. As a trader, you are advised to do your own technical study and trade with Stop-Loss.
The 55500CE entry has been confirmed at ₹180 (since the Scalper indicator signaled a 'Buy' on the previous candle, we consider the opening price of the next candle as the entry).
The stop loss is placed at ₹104.25.
There is strong resistance at ₹306. Once the price breaks above ₹306, the immediate target is ₹379.
This is just my view. As a trader, you are advised to do your own technical study and trade with Stop-Loss.
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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.