BANKNIFTY Intraday Trade Setup For 11 Jan 2024
Bullish-Above 47430
Invalid-Below 47320
T- 47835 48265
Bearish-Below 47000
Invalid-Above 47110
T- 46580 46100
BANKNIFTY has closed on a slight bullish note with 0.25% gain today. It
opened with a slight gap down and tested 47000 zone via gap up.
Immediate and sharp bounce came from psychological support in a single
candle. Later it just consolidated the whole day. Tomorrow if it opens
flat and sustains 47430 then it can show one more upside move towards
47800 in intraday. Weekly CIP support is 46300 zone. Below 4700 if it
slips then bears will take charge.
Coming to Thursday's trade setup, if index opens flat and a 15 Min
candle closes above 47430 then we will long for the target of 47835 and
48265.
For selling we need a 15 Min candle close below 47000. T- 46580 and 46100.
In case of a big gap up/down, wait till 10 o'clock and mark the high and
low of the trading range (5MIN). Trade on this range breakout.
Thursday, January 11, 2024
BANKNIFTY LEVEL 11/1/2024
Subscribe to:
Post Comments (Atom)
INDUSIND BANK FUTURES STOCK OF THE VIEW
INDUSIND BANK FUTURES (1-Minute Chart) 🕰 Chart Time: Fri, 27 June 2025 at 14:35 📊 Technical Overview: Current Price: ₹865.30 Day's H...
-
Today the market has come down again, Reliance has played a big role in this and today gold has also come down. It has come down below 85000...
-
TATA TECH BUY 1057 TARGET 1072/1098 SL 1017 POSITION CALL FIRST TARGET DONE IT MAKE HIGH 1084 27/8/2024 1.23 PM SECOND TARGET DONE IT MA...
-
Now talking about today's Bank Nifty, Bank Nifty opened at 51,026.90 paise and today's hai is 70 paise to 51,443 rupees and is cur...
No comments:
Post a Comment