BANKNIFTY KEY LEVELS FOR 09/09/2024
**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, and price range.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the GREEN line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the GREEN line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next GREEN line below.
**Timeframe:**
Use a 5-minute timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, and price range.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the GREEN line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the GREEN line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next GREEN line below.
**Timeframe:**
Use a 5-minute timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
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