FTU CHART
52K done. Caution now. At this stage, late longs may hold a little longer, leaving trapped shorts nervous. Can move either side. Sit back, relax, and watch the show rather participating here, unless one is very tight with stops
BNF 25 Jun Trapped shorts.jpg
534.2 KB
Nervous shorts trapped. The singles from 51980 - 52050 likely provide buying support.
No trades!
Chai + Sitting back + observing the markets!
No trades!
Chai + Sitting back + observing the markets!
FTU CHART
BNF 25 Jun Trapped shorts.jpg
BNF OF 25 Jun.jpg
291.7 KB
Have along with the MP, started to look OF in 30 mins chart. More than the numbers, am observing the price distribution and the relative POC over each 30 min period.
Trying to understand the relationship between length and type of candle vs placement of POC!
POC: Max volume at that price level.
Trying to understand the relationship between length and type of candle vs placement of POC!
POC: Max volume at that price level.
FTU CHART
BNF 25 Jun Trapped shorts.jpg
image_2024-06-25_11-57-59.png
322.6 KB
D period has a strong selling tail, in other words a likely failed breakout. Monitoring the singles at ~52000 is important.
If these are filled, that means, sellers are competing and trapped shorts are removing their bids in the hope that they can square off at lower prices.
2nd cup of Chai + No trades
If these are filled, that means, sellers are competing and trapped shorts are removing their bids in the hope that they can square off at lower prices.
2nd cup of Chai + No trades
FTU CHART
image_2024-06-25_11-57-59.png
Am switching to the Europe open for ES.
No more monitoring of the Banknifty now onwards
No more monitoring of the Banknifty now onwards
FTU CHART
Olectra on the run for T3π€
T3 done
All targets hitπ
Do checkout olectra in past recommendations as well
This script never disappointedβ
All targets hitπ
Do checkout olectra in past recommendations as well
This script never disappointedβ
FTU CHART
image_2024-06-25_11-57-59.png
Note to self: Not to listen Pink Floyd even when the markets are slow!
FTU CHART
Pnb housing Intraday Above orange closing onlyπ€
Update
Pura din gaya and now banngg
T1 & T2 doneβ
Pura din gaya and now banngg
T1 & T2 doneβ
FTU CHART
comcentrate on yellow line if BN makes head and shoulder then target red line
Expiry to nahi pata but jo pattern abhi bana hai BN mai upar side ka target 52865, neeche ka 52265
https://www.tradingview.com/x/LqvF2Y1F/
#Banknifty channel pattern Breakout hai yaa Trap hai ???π©
#Banknifty channel pattern Breakout hai yaa Trap hai ???
Please open Telegram to view this post
VIEW IN TELEGRAM
TradingView
NSE:BANKNIFTY Chart Image by SahiiL_G
https://www.tradingview.com/x/x8qRnofr/
#Nifty Still Little movee Left if it wants to Tap that Channel pattern
#Nifty Still Little movee Left if it wants to Tap that Channel pattern
TradingView
NSE:NIFTY1! Chart Image by SahiiL_G