BANKNIFTY Intraday Trade Setup For 23 Dec 2021
Buy-Above 35120
Sl-35000
T-35300 35500
Sell-Below 34800
Sl-34900
T-34600 34400
BANKNIFTY has closed in a Positive Note above 35000. This breakout came in the last hour which is also good. Generally 2nd Half breakouts are most sustainable and trustable.
We are simply going to buy above today's high. But if it fails to sustain above 35000 in the 1st 30 minutes or if we find any negative candle near 35000 then we are simply going short as it will again come in the range of 35000 and 34500.
For selling we need to wait till 34800. Below 34800 we start building our shorts. Will get more confirmation below 34650.
Buy-Above 35120
Sl-35000
T-35300 35500
Sell-Below 34800
Sl-34900
T-34600 34400
BANKNIFTY has closed in a Positive Note above 35000. This breakout came in the last hour which is also good. Generally 2nd Half breakouts are most sustainable and trustable.
We are simply going to buy above today's high. But if it fails to sustain above 35000 in the 1st 30 minutes or if we find any negative candle near 35000 then we are simply going short as it will again come in the range of 35000 and 34500.
For selling we need to wait till 34800. Below 34800 we start building our shorts. Will get more confirmation below 34650.
