Bank Nifty - in Super Bullish Zone on Weekly time frame
BN is super bullish, positional as long as it is above Dotted Red Trendline.
Some trend might emerge after close of 12:15 pm candle, for momentum trading.
Watch out for crossover at 12:15 candle close.
Catatan
Focus on how price behaves at red dotted trendline.Catatan
BN is bullish as long it is above Red dotted trendline.Catatan
Perfectly played out. Good goingCatatan
bookedCatatan
Holding position on an expiry day is crime. Keep booking profits. The best trade on long side was at red dotted trendline. Always exit at candle close or at least offload part positionCatatan
No trades for 10 mins, till 1 hr candle closeCatatan
Shorts on 1 hr can be seen. Be careful now. I will trade only momentum. Wait and watchCatatan
No bearish trade until price above red dotted lines. Wait and watchCatatan
Be careful with BN exactly after 3 mins from nowCatatan
The effect of shorts on 1 hr as mentioned above. Please note these are intraday expiry moves, and have to book profits on timeCatatan
We are nearing 12:15 pm. May be small long strangle trade ...though not recommended without risk management. 100 pts OTMCatatan
After 12:15 pmCatatan
Perfect price action. We may see trend and..lets watchCatatan
EnjoyCatatan
They have broken the red dotted trendline twice on 15 mins. Lets seeCatatan
All out war between bulls and bears at red dotted trendline. This weekly trendline. Lets see who is taking controlCatatan
Can we see 41300 in next 15 min candle? Over ambitious. Next candle is crucial on 15 mins. Bulls are trying hard to defend their lost territoryCatatan
Booked profit in strangleCatatan
Bulls have lost the battle on shorter time frameCatatan
Bulls will make a come backCatatan
Be careful at lowsCatatan
strong under current...just be careful on bearish side...Catatan
let the fall complete. Once the up move starts it will be spontaneousCatatan
Lets see at support : Light blue trendline is nearing now. It is support. I dont see more fall. I may be wrong.Catatan
Ye the bulls are backCatatan
No more PE buy for me for the day..bye bye bearsCatatan
i may be completely wrong...closing for the dayCatatan
They broke the support, light blue trendline. No retest,Catatan
The trendlines have worked perfectly positionally. Load the chart bars
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