BANKNIFTY Intraday Trade Setup For 1 Jun 2022
BANKNIFTY Intraday Trade Setup For 1 Jun 2022
Buy-Above 35900
Sl-35780
T-36000 36300
Sell-Below 35280
Sl-35400
T-35075 34800
BANKNIFTY has given a follow up below yesterday's shooting star candle. We planned to sell below 35750, but it opened with a decent gap down. The 10 o'clock range broke upside above 35715 and gave a move till 35880. Then below our sell level triggered and index fell till 35300.
Coming to tomorrow's trade setup, if a 15 min candle closes below 35300. Below that candle's low we will short for the target of 35075 and 34800. Book max near 34800 a hourly support and intraday PRZ is placed here.
2nd sell positioned can be created from 35700 in case this level is tested in the 1st 1 hour.
For buying we need a 15 Min candle close above 35900. Target will be 36000. Above 36100 next rally will come.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Intraday Resistance- 35700-50
Intraday Support-34800
Hourly Resistance- 36700
Hourly Support- 34100
Buy-Above 35900
Sl-35780
T-36000 36300
Sell-Below 35280
Sl-35400
T-35075 34800
BANKNIFTY has given a follow up below yesterday's shooting star candle. We planned to sell below 35750, but it opened with a decent gap down. The 10 o'clock range broke upside above 35715 and gave a move till 35880. Then below our sell level triggered and index fell till 35300.
Coming to tomorrow's trade setup, if a 15 min candle closes below 35300. Below that candle's low we will short for the target of 35075 and 34800. Book max near 34800 a hourly support and intraday PRZ is placed here.
2nd sell positioned can be created from 35700 in case this level is tested in the 1st 1 hour.
For buying we need a 15 Min candle close above 35900. Target will be 36000. Above 36100 next rally will come.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Intraday Resistance- 35700-50
Intraday Support-34800
Hourly Resistance- 36700
Hourly Support- 34100
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.