Here i'm providing support and resistance levels for banknifty watch for rejection or breakout/breakdown on them to take trades.on 1 hr to 15 mins time it is overbought not expecting to rally like yesterday ,it could be sideways to bearish in my view until proven other wise if sustains over 49600 200 points can be tested around 49800 area.
Resistance 49600
Support 49250-49300
Resistance 49600
Support 49250-49300
交易進行
rejected at resistance area short entry made 註釋
kept at break even 註釋
very tough buyers not giving up as of now手動結束交易
missed target by 24 points exiting trade at breakeven 註釋
one could have booked at half or trailed most of the time go for big targets once trade starts in your favour nothing to lose in this trade , depends upon indiviudual trader decision where to exit.交易進行
will try another one later and update here註釋
49600 above mentioned targets acheived 註釋
reversed from 50k area longs stop or trailing important else all profits will be gone in a blink註釋
Today May 2nd support and resistance levels交易進行
today's long entry 註釋
near support area bullish pinbar appeared small risk here交易進行
so far good lets see in my favour booked qty half rest open at kept at BE 手動結束交易
trade scrped in middle too much chop today註釋
For Firday 3rd May support and resistance levels, look for rejection or breakout on those S/R levels 註釋
Rejected from exact resistance area註釋
註釋
made a halt here of this much expecting a retracment till 49200 area entry long註釋
so far good 註釋
failed nothing stopping selling today attempt long stopped out today wrong move seems almost went to target retrace back 260 points who would expect that much come back.
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