BANKNIFTY Intraday Trade Setup For 25 Jan 2022

BANKNIFTY Intraday Trade Setup For 25 Jan 2022

Buy-None

Sell-Below 36400
Sl-36500
T-36000 35800

BANKNIFTY as usual triggered short and fell from 37200 till 36400.It was a great day. However it was sideways and noisy till 11 o' clock. We initiated our sell positions when triangle breakdown happened at 11 o' clock.

Coming to to morrow's trade ,we may see an inside candle tomorrow. But in case we see any breakdown we will plan for sell. Actual sell is below 37400.

For buying We need to wait for a good positive closing in daily TF. However a scalp buy trade can be done above 37100 if we get closing in 15 min TF . target would be around 37260-300.
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