Banknifty today closed at important resistance area from where selling came in the morning after market open it checked the 47900 area and fell,if tommorow opens flat we need to see price action here with any bearish price action consider shorting options.Immeadiate support will be 47600 if this voilates 47300 is next one(these can be targets if 47900 area rejects ). In anycase if price sustains above 47950 consider long option target 48100,48250,48300 areas above.
Key Levels:
47950 resistance
47600 support
47300 support
47000 support
Note: These levels can act act as reversal areas please check price action when price over mentioned levles.
Key Levels:
47950 resistance
47600 support
47300 support
47000 support
Note: These levels can act act as reversal areas please check price action when price over mentioned levles.
Not
Opening flat here either you wait for it test support areas or higher side resistance and check for rejection or breakouts on those levels , othere areas in my view dont tradeNot
at resistance bearish engulf pattern formed entry short İşlem kapandı: hedefe ulaştı
Target acheived at immeatiate support Not
do not short here on 47600 area until it breaks down rather look for long option if price action suggests positive consider long targetting day high areaİşlem aktif
as said abvoe went long on 47600 area target day highNot
İşlem kapandı: hedefe ulaştı
Not
For tommorow 15th May also this 47950 could act as resistance only above this it will test 48100,48250,48350-48400 area above and immeadiate support area is 47600 area.Plan acoordingly with levelsNot
Opened at resistance area today 47950 areaİşlem aktif
short on resistance İşlem kapandı: hedefe ulaştı
Not
Traded between Resistance and Support today opened at resistance rejected fell to support area and then consolidated whole day
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.