Monday, September 30, 2024

BANKNIFTY LEVEL 30/9/2024

 


BANKNIFTY Intraday Trade Setup For 30 Sep 2024

Sell_1- From 54250
Invalid-Above 54360
T- 53800

Sell_2-Below 53700
Invalid-Above 53810
T- 53200

BANKNIFTY has closed on a flat note with bearish sentiment last week. It was sideways to slight bullish but on last day whole 500 points gain eroded, week ended near lows. It has formed shooting star in weekly TF which is a potential indication of profit booking. Below 53700 bearish stance can be seen. 53300 is CIP zone in daily TF.

Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes below 53700 then we will short for the target of 53200.

In case of pullback towards 54250 we can short from there for the target of 53800.

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.

at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Tech Mahindra Ltd. (TECHM STOCK OF THE VIEW

  Tech Mahindra Ltd. (TECHM) based on the provided chart and current indicators: 🔍 Technical View (1-Hour Chart) ✅ Key Levels: Current Mark...

  • TATA TECH BUY POSITON CALL
      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...
  • MARKET TALK
    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...
  • BANKNIFTY SPOT OVERVIEW
      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...