Bank Nifty Intraday chart with dynamic Trend Lines
TIME FRAME - 15 MINS CANDLE CLOSE
As long as price is above orange trendline on, Market is under bulls control.
Below Orange trendline is bears.
Above red trendline we will see short covering,
Blue trendline is a strong support , if broken more fall
Price above Deep blue trendline is super bullish /over sold zone
Kommentera:
Bears have to careful between 1500 to 1515 hrs
Kommentera:
Technically bulls can come from nowhere before 1515 hrs. most likely in last 15 mins
Kommentera:
Keep riding bulls trade till 15 min candle breaks deep blue trendline on down side. Candle close - 15 mins