This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
For Trade Setup:
Bank nifty keep making inside candles and not much range to be in directional trades good move will be after break of 44500 on upside. and 43700 then 43500 on downside.
1.) If opens flat will see if it breaks PDH or PDL and sustain the break.
2.) If breaks PDH will buy for target 44250 (this will be like scalp) . next target will be 44450.
3.) If break PDL and 43730 then will short for target of 43390.
no trades if gaps as long as there is no clear setups.
For Trade Setup:
Bank nifty keep making inside candles and not much range to be in directional trades good move will be after break of 44500 on upside. and 43700 then 43500 on downside.
1.) If opens flat will see if it breaks PDH or PDL and sustain the break.
2.) If breaks PDH will buy for target 44250 (this will be like scalp) . next target will be 44450.
3.) If break PDL and 43730 then will short for target of 43390.
no trades if gaps as long as there is no clear setups.