Hello Traders, Welcome to SriTrader5121 -------------------------------------------------- Bank Nifty - 26/02/2024 - Levels IMPORTENT ZONE FOR THE DAY: 46910 – 46940 Important Support and Resistance for the Day... Support - Resistance - Support-1: 46725 Resistance-1: 46920 Support-2: 46600 Resistance-2: 47080 Support-3: 46480 Resistance-3: 47200 Support-4: 46390 Resistance-4: 47300 ____________________________________________ Happy Learning and Trading – TST5121
Rules to fallow... 1) Trade with Strict Stop Loss. 2) Trade with Small Quantity. 3) Take entries based on Support & Resistance Levels. Please take the trade according to the levels marked, with Risk-Reward. This is not a Buy or Sell recommendation to anyone. Take entries after your own analysis. This is for education purpose and a helping hand to learn trading in market. NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level. I hope you all like my analysis. Follow me to get regular updates. Please do share your thoughts in comment section. Please Hit a LIKE, it motivates me to do analysis and do share with your trading friends. SHORT FORM &FULL FORM
• 20 -> 20 EMA in Day • Red Zones... -> Resistance-Zones • Green Zones... -> Support-Zones • IMP -> Important • PDH -> Previous Day High • PDL -> Previous Day Low • PDC -> Previous Day Close • PDO -> Previous Day Open • PWH -> Previous Week High • PWO -> Previous Week Open • PWC -> Previous Week Close • PWL -> Previous Week Low • D_S -> Day Support • D_R -> Day Resistance • W_S -> Week Support • W_R -> Week Resistance • W_O -> Week Open • W_C -> Week Close • LW_O -> Last Week Open • LW_C -> Last Week Close • MS -> Major Support • SH -> Swing-High • SL -> Swing-Low • DT -> Double Top • DB -> Double Bottom • TT -> Triple Top • TB -> Triple Bottom • TF -> Time Frame • BO -> Break-Out • RR -> Risk-Reward • SL -> Stop-Loss • GAP -> The area b/w Previous Day Close and Today Open • (S@*, R@*) -> Act as Major Support or Resistance-Zones (Be Alert, Chances to Market take Reversals)
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