Bank Nifty Monday levels, Gap up opening expecting. levels to look for 44000 ,43800 and 44200
44000 above sustains Buy stop loss 43900 Target till 44200 to 44300-44350
43800 is strong support any retracement to this area with positive price action go long with 70 to 100 points stoploss target 300 to 400 points.
44000 above sustains Buy stop loss 43900 Target till 44200 to 44300-44350
43800 is strong support any retracement to this area with positive price action go long with 70 to 100 points stoploss target 300 to 400 points.
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other possibility added for short
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Exit if you are long again we will check on retrace to 44000 area
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Gaped up did not gave enough chance only for few scalping trades , bank nifty itself gave us levels to react mark today day high and day low ,this is the range and react at levels with price action for entries.
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Near to previous day high entered 44300 put at 160
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22 points exited
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exited few points scalped market no momemtum
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Support given still respecting
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Booked 40 points resisting at 44200 area
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Bank Nifty 12 th June levels to trade 44200,43800 Previous day close areas other than this areas avoid
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Entered short put buy at previous day close area 44100 at 250 30 points stop loss
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Closed at break even no momentum may be waiting for fed minutes to take direction