BANKNIFTY Intraday Trade Setup For 22 Apr 2022
Buy-Above 36920
Sl-36800
T-37100 37300 37500
Sell-Below 36500
Sl-36600
T-36350 36200
BANKNIFTY extended the bounce after the scary fall. It as closed 1.38% in green. We planned to buy above 37520 index gave a good run till 36900. Next confluence zone is 37000.
Coming to tomorrow's trade setup, aggressive traders can long above 36920 if crosses with a flat opening. Safe traders should wait 37000 is sustained. Target will be 37100 and 37300 and 37500.
Short below 36500 if a 15 Min candle closes below this. Target will be 36350 36200 and 36100.
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 36920
Sl-36800
T-37100 37300 37500
Sell-Below 36500
Sl-36600
T-36350 36200
BANKNIFTY extended the bounce after the scary fall. It as closed 1.38% in green. We planned to buy above 37520 index gave a good run till 36900. Next confluence zone is 37000.
Coming to tomorrow's trade setup, aggressive traders can long above 36920 if crosses with a flat opening. Safe traders should wait 37000 is sustained. Target will be 37100 and 37300 and 37500.
Short below 36500 if a 15 Min candle closes below this. Target will be 36350 36200 and 36100.
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.
