BANKNIFTY Intraday Trade Setup For 27 Dec 2021
Buy-Above 35100
Sl-35000
T-35350
Sell-Below 34580
Sl-34680
T-34390 34200
BANKNIFTY has once again made a range between 35500 and 34000 this week. Next move will come on this range breakout/breakdown.
It is likely to trade in this range only.
We will plan for buy above 35500 is breached and sustained at-least a day.
Coming to Monday's trade setup we will simply going to sell below 34580 as it has made a base here. For buying one can avoid or do it by reducing the position size if we get.
If index opens big gap we will avoid buying.
If index opens flat and crosses 34840 we will start to build our short. This is an aggressive trade.
If index opens with big gap down we need to wait for the first 15 min candle and then plan our trade.
Buy-Above 35100
Sl-35000
T-35350
Sell-Below 34580
Sl-34680
T-34390 34200
BANKNIFTY has once again made a range between 35500 and 34000 this week. Next move will come on this range breakout/breakdown.
It is likely to trade in this range only.
We will plan for buy above 35500 is breached and sustained at-least a day.
Coming to Monday's trade setup we will simply going to sell below 34580 as it has made a base here. For buying one can avoid or do it by reducing the position size if we get.
If index opens big gap we will avoid buying.
If index opens flat and crosses 34840 we will start to build our short. This is an aggressive trade.
If index opens with big gap down we need to wait for the first 15 min candle and then plan our trade.
