Bank Nifty Spot Intraday Technical Analysis for 19th Dec

18 Des

🚀 Unlock the potential with my Bank Nifty Spot Intraday Technical Analysis for 19th December, 2024!

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📍 Day Range Trigger Point (DRTP): 52,140
📅 Day Range: 817

📈 Long Position
🔹 Buy Above: 52,516
🎯 Target 1: 52,644
🎯 Target 2: 52,957
⛔ Stoploss: 52,243

📉 Short Position
🔹 Sell Below: 52,323
🎯 Target 1: 51,635
🎯 Target 2: 51,323
⛔ Stoploss: 52,595

🚀 How to Trade with Numro Trader Intraday Levels

Buy Setup
🕒 Wait for a 5-Min. candle to close above DRTP or Buy Above level.
📈 Confirm breakout with a candle breaking the high of the breaking candle.
🛒 Enter a buy order at the active level (DRTP or Buy Above).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from below DRTP).
⚠️ Exit Rule: Set stoploss of 65 points exactly from the active level. Avoid re-entering after achieving the target.

Sell Setup
🕒 Wait for a 5-Min. candle to close below DRTP or Sell Below level.
📉 Confirm breakout with a candle breaking the low of the breaking candle.
🛒 Enter a sell order at the active level (DRTP or Sell Below).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from above DRTP).
⚠️ Exit Rule: Set stoploss of 65 points exactly from the active level. Avoid re-entering after achieving the target.

✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday Levels and Live Market Confirmations. 📈

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