BANK NIFTY FUTURES 16th June 2023

١٥ يونيو ٢٠٢٣

It would be very interesting to observe what happens when
1. Price opens within the range marked of Red, Blue and Green Lines.
2. Price opens below / above the range but within the range of the previous day
3. When there is a Gap up and Gap down opening.

If You are studying the charts in lower Time frames and observing price action, Let me know in comments your observations on the points 1,2 and 3 mentioned above.

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١٦ يونيو ٢٠٢٣

ملاحظة

A Gap Up may not sustain today...need to watch how price reacts.

١٦ يونيو ٢٠٢٣

ملاحظة

I will be looking to sell on rise and as per price action confirmation

١٦ يونيو ٢٠٢٣

ملاحظة

Keep a tab on price action at resistance areas

١٦ يونيو ٢٠٢٣

ملاحظة

Price action to be followed in toto. A big gap up market may go up. Small gap up shd not sustain.... big gap downs, market has enough supports follow price action. Flat opening and breakdown may result in further bearishness.