Akme-Analytics

Akme-Analytics

The trend remains negative for today. So, you can adopt a short strategy in any kind of pullback near its resistance levels.

Akme-Analytics

Short BankNifty if it is unable to give breakout above the green trendline and also closes below 30930 levels.

Akme-Analytics Updated 

If BankNifty breaks the trendline with a strong selling volume, then you may witness 30500 levels. However, it may touch 31150 if it gives a breakout above 30930. Moreover, I also found that there is a bearish divergence in 5 and 15-minute charts which may be valid for the first 30 minutes of trading. Being an expiry day, Open Interest also suggests that expiry...

Akme-Analytics Updated 

BankNifty Intraday Trade Setup using trendlines If BankNifty holds 30650, then you can go long. Whereas if it breaches 30650 then you may witness a bloodbath.