BANKNIFTY Intraday Trade Setup For 27 Dec 2022
BANKNIFTY Intraday Trade Setup For 27 Dec 2022
Buy-Above 42850
Sl-42740
T-43010 41180 43390
Sell-Below 42530
Sl- 42640
T-42290 42055
BANKNIFTY has closed on a positive note with 2.31% gain. It has formed a big bullish engulfing candle in daily TF. We discussed yesterday that 41500 juncture is very important and can act as a base. Today it opened near the same region and buy triggered as per trade setup and a hit all targets. Buy triggered above 41845 and gave a move till 42845. No TSL hit in 5 Min charts. It was a bounce from 0.382 Fib level in daily TF. Tomorrow's best trade will be on flat opening.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle close above 42850 then we will long for the target of 43010 and 43177.
For selling we need a 15 Min candle close below 42530. Target will be 42290 and 42055.
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.
Buy-Above 42850
Sl-42740
T-43010 41180 43390
Sell-Below 42530
Sl- 42640
T-42290 42055
BANKNIFTY has closed on a positive note with 2.31% gain. It has formed a big bullish engulfing candle in daily TF. We discussed yesterday that 41500 juncture is very important and can act as a base. Today it opened near the same region and buy triggered as per trade setup and a hit all targets. Buy triggered above 41845 and gave a move till 42845. No TSL hit in 5 Min charts. It was a bounce from 0.382 Fib level in daily TF. Tomorrow's best trade will be on flat opening.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle close above 42850 then we will long for the target of 43010 and 43177.
For selling we need a 15 Min candle close below 42530. Target will be 42290 and 42055.
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.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.