Thursday, September 4, 2014

BANKNIFTY FUTURE PRICE ACTION


image

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

 

image

 

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.

image

This is how this TRADE Can give profit

of approximate 40 + 80 POINTS .


For Further Reading,
Price Action Trading, TRADE SETUP

0 comments:

Post a Comment

Your Comments and Few words helps me in DOING BETTER WORK.

Thanks

 

Popular Posts

Latest From TraderAdda

Man Behind TraderAdda

, a Graduate in Science is a part time blogger and Full Time Professional Trader from India.

At TraderAdda he writes about Trading Systems, Amibroker Indicators and AFLs, Trading Ebooks, Trading Resources, Nifty Intraday Levels, Nifty Positional View, and many more other Trading Resources.

His area of interest are Technical Analysis, Developing Trading Strategies, Blogging, Gadgets and Reading.

Hope you will find TraderAdda useful. Your comments/Suggestions/Feedback
is important for us.

Join me for Regular Updates on Twitter

Total Pageviews

Protected Site- Do not Copy