#banknifty update for 10th Oct'21
#banknifty update for 10th Oct'21
Nothing wrong in the market, the structure is bullish only, but if we assume the short term ( marked in blue) is in progress, it will be tough to trade, as the structure is still not clear, might be an ending diagonal/complex structure.
5th Wave is tough to trade, now how to trade? buy the dips and sell the rallies.
DZ:- 37,666 below negative & above positive
Intraday SL for longs :- 36,300
Positional SL for long:- 36,590
The index can go from 38,498 to 39,501.
Regards,
SG
Nothing wrong in the market, the structure is bullish only, but if we assume the short term ( marked in blue) is in progress, it will be tough to trade, as the structure is still not clear, might be an ending diagonal/complex structure.
5th Wave is tough to trade, now how to trade? buy the dips and sell the rallies.
DZ:- 37,666 below negative & above positive
Intraday SL for longs :- 36,300
Positional SL for long:- 36,590
The index can go from 38,498 to 39,501.
Regards,
SG
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.