BANKNIFTY FUTURE PRICE ACTION

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Above CHART is 5 MIN CHART which showing that PRICE has broken that yesterdays REANGE LOW and again it came to test that ZONE where we CAN SHORT at 16110 with SMALL STOPLOSS of 16130 

SEE BELOW 1 MIN CHART

which show we are eyeing for TARGET 1st of  around 16080 for PART BOOKING where we have some SUPPORT SHOWING… and where we book 1st PROFIT

 

 

SEE Below chart of 30 MIN for where we can BOOK FINAL PROFIT of 30 M CHART SUPPORT at around 16028 where we can SEE SOME SUPPORT may COME as this is BIGGER TIMEFRAME.

This is how this TRADE Can give profit

of approximate 40 + 80 POINTS .

For Further Reading,

Price Action Trading, TRADE SETUP