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Trading_hawk
2021년 12월 15일 오후 4시 36분

Simple Trade Setup | BANKNIFTY | 16-12-2021[ INTRADAY ] 

Nifty Bank IndexNSE

설명

NSE:BANKNIFTY

Since Tomorrow is expiry, hence only considering safe buy trade above 37020 sustainable breakout.

Trade Setup for Date: 16-12-2021

1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.

2) Everything is mentioned on the chart. I hope it is easy to understand.

3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.

4) Avoid gap up or gap down chase. Wait and trade between levels.

Please refer below chart for levels.


Hope I made it easy to understand it.

Do comment your doubt or suggestion.

Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
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