As i Observe That BTC is now Trying To Shootup after a Deep Correction ! as a Trader Technical is Enough Rather Than Other ! We can Plan For a Long Trade in Up Side Direction, In Case it Fall by Default , Level Marked acc to Market Behavior !
monday trend will decide the behavior of trend in short term due to late fresh break_down ! it will survive in continuation or sit_back into ptevious trend or recover mode !
As i marked all level , nifty close at a strong resistane , a good gap_up opening , retest & then shoot_up !
bank nifty makes a good up trend channel and close flat with swing high, if market open 100+ points then trade execute with 50_70 ruppe Sl with under quantity , both set_up is prefect if we stick on good SL !
Acc to level nifty either move up / down of 80 ruppees , just follow the levels as a observed for a good RR !
as I mentioned all possibility in trending market, and marked every possible level, nifty is little weak to shoot_up in up_trend rather than down momentum, so be honestly trade on level for a good profits, make sure to follow if u fell better to understand !
If Monday bank_nifty open slightly down then its easy to touch or break the retest level with in rally zone, but in case of reverse market SL should be tight due to a high volatility reverse, as vise versa for gap_up opening