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WavesandZones

Positional trade in lower timeframe in BANKNIFTY

Long
BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)  
WavesandZones  
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Trend Analysis Supply and Demand bankniftytradesetup BANKNIFTY bankniftytrend bankniftytrading bankniftyintradaylevels bankniftyanalysis bankniftyprediction bankniftyview bankniftyoptions
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trendanalysis supplyanddemand bankniftytradesetup banknifty bankniftytrend bankniftytrading bankniftyintradaylevels bankniftyanalysis bankniftyprediction bankniftyview bankniftyoptions
snapshot

We have the Source and Destination of the Uptrend in Daily chart,

snapshot

Currently Price has been respecting the Supply areas and the Price is also closing below the EMA which still signifies Selling Pressure,


snapshot

Here we have a Swing Buy Trade with a Reward of 4 against 1.

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