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banknifty in 5 min tf as we discussed in our last video regarding banknifty, so hope concept is cleared.
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So this is Nifty according to our last video discussion. market respected our level.
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Bank nifty in 5 min chart, there also no confirmation yet in lower tf. price tap resistance area but not showing any strength. also price in decending triangle consolidation, we knowthat we can expect breakout but more of that we need to confirm that. so always be careful.
Education purpose only.
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Banknifty 1H chart, peice is at resistanve level but still no confirmation regarding any fall, it may happen but not yet confirmed in HTF.
Education purpose only.
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this is 1 hr tf, because of daily resistance price if break below 21650 the we can expect bearish move from this structure. otherwise price will reverse till till 22125 and if break above this level then don't buy in panic market itself will give us opportunity. will share accordingly.
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This is Daily Chart Nifty, Price hit its resistance zone, and give a reaction, sellers give a jump there. now this bearish candle made a range , wair for any break either above or below then take action accordingly, if break down 21800 level then possible downside to 21500-400 or more but if break above 22125 then wait for retest.
Trading is based on probabilities. so risk management is very important.
