Greetings Folks, today i have prepared a setup of BANKNIFTY the setup is as follows - the main setup was in 5 min timeframe but i cant share it because of some restrictions - the price is facing a static resistance which can flip off to become the next support - price is trying to break out of the bearish structure dont play with fire, always use a predefined stoploss
An idea showing an angled double top Double tops result in a bearish outcome
ICT Concepts NWOG: New Week Opening Gap Difference between Friday's Close Price & Sunday's Open Price. C.E.- Consequent Encroachment or "middle point" of any Gap or Inefficiency.
ICT Concepts NWOG: New Week Opening Gap Difference between Friday's Close Price & Sunday's Open Price. C.E.- Consequent Encroachment or "middle point" of any Gap or Inefficiency.
AS PER ANALYSIS, THERE IS THREE POINT FOUND FOR SUPPORT AND RESISTANCE AS SHOWN IN FIG, 15700,15900,16000, NIFTY MAY BULLISH ON 14 JULY, TAKE BUY CALL NEAR 15700 AND CROSS ABOVE 15900, BUT SELL ON CROSS BELOW 16000 AND 15900, FOR LIVE SIGNAL CONTACT ME ON 9811158705
its taking support from upward trend line if it break it in (make 15m candle ) than sell call recommended. or its likely to take support.
Picked up with a Limit around 1pm on CE off the post-earnings spike this morning.
waiting for it to test support & open CE or PE if we breakdown
Marked are the Expiry Day range for Bank nifty for tomorrow. The market should close tomorrow within the range with more bullish bias.
Technical analysis on FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits / losses what so ever. BANKNIFTY 31000 CE 28 FEB 2020.
move the mouse at the line intersections to enjoy the view :) Indeed: Cheers, Keops