BANKNIFTY Intraday Trade Setup For 28 Dec 2021
Buy-Above 35150
Sl-35050
T-37400 37500
Sell-Below 34900
Sl-35000
T-34800 34700
BANKNIFTY has closed in positive note today.
No aggressive selling can be planned here. We will plan for sell below 34500 only. We need a 15 Min candle close below 34500 then we will short aggressively.
Otherwise no aggressive buy is recommended tomorrow.
One can avoid shorting till the lower range is breached in daily TF.
35500 will act as an resistance so we will book our profits there after we will long above 35150 tomorrow.
35500 is the hourly range high above this index can show good upside momentum till 36385 in the coming days.
Index is making a bottom here.
This bullish view is valid till the daily low is not breached.
Buy-Above 35150
Sl-35050
T-37400 37500
Sell-Below 34900
Sl-35000
T-34800 34700
BANKNIFTY has closed in positive note today.
No aggressive selling can be planned here. We will plan for sell below 34500 only. We need a 15 Min candle close below 34500 then we will short aggressively.
Otherwise no aggressive buy is recommended tomorrow.
One can avoid shorting till the lower range is breached in daily TF.
35500 will act as an resistance so we will book our profits there after we will long above 35150 tomorrow.
35500 is the hourly range high above this index can show good upside momentum till 36385 in the coming days.
Index is making a bottom here.
This bullish view is valid till the daily low is not breached.
