BANKNIFTY Intraday Trade Setup For 12 Apr 2022
BANKNIFTY Intraday Trade Setup For 12 Apr 2022
Buy-Above 38000
Sl-37900
T-38300 38600
Sell-Below 37500
Sl-37600
T-37400 37200 37000
BANKNIFTY has made an inverted hammer in daily TF. It was another day of consolidation between 38000 and 37300. Since last 4 trading session it is in this range. Whenever a script trades in range, best strategy to trade is buy from support and and sell on resistance. And that can be clearly seen being followed in today's trading session.
We planned to sell below sell below 37580 on a 15 Min candle close. That did not trigger.
Coming to tomorrow's trade setup. we do not have to discuss more because almost everything is unchanged. We will plan for a buy trade only above 38000. 38000 has to be closed in 15 Min TF. Targets will be opened for 38300 and 38600.
For selling, we need to wait till 37340 is broken. We need a 15 Min candle close below this. Safe traders can wait till 37300. Target will be 37200, 37100 and 37000. 36800 and 36570 can be achieved in the coming days. Aggressive traders can sell below 37500 also. If a 15 Min candle closes below 37520 then below that candle low one can sell. Target will be 37400 and 37350.
In case of a gap up. wait till 10 o'clock and mark the high and low of the trading range till 10 o'clock and trade on range breakout.
Buy-Above 38000
Sl-37900
T-38300 38600
Sell-Below 37500
Sl-37600
T-37400 37200 37000
BANKNIFTY has made an inverted hammer in daily TF. It was another day of consolidation between 38000 and 37300. Since last 4 trading session it is in this range. Whenever a script trades in range, best strategy to trade is buy from support and and sell on resistance. And that can be clearly seen being followed in today's trading session.
We planned to sell below sell below 37580 on a 15 Min candle close. That did not trigger.
Coming to tomorrow's trade setup. we do not have to discuss more because almost everything is unchanged. We will plan for a buy trade only above 38000. 38000 has to be closed in 15 Min TF. Targets will be opened for 38300 and 38600.
For selling, we need to wait till 37340 is broken. We need a 15 Min candle close below this. Safe traders can wait till 37300. Target will be 37200, 37100 and 37000. 36800 and 36570 can be achieved in the coming days. Aggressive traders can sell below 37500 also. If a 15 Min candle closes below 37520 then below that candle low one can sell. Target will be 37400 and 37350.
In case of a gap up. wait till 10 o'clock and mark the high and low of the trading range till 10 o'clock and trade on range breakout.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。