#NIFTYBANK Intraday trading Ideas with Levels for (27-01-2023)
TIME FRAME: (4h for understanding Price Action) & (15 mins for Trades)
In 4h TF it is forming Descending Triangle pattern. Clear indication of
Bearishness
TRADE IDEAS:
1) FLAT OPENING: Any closing below 41600 can continue downtrend till 41365 &
41070
2) GAP UP: Buying only above 42312. Below that only sell side trades
3) GAP DOWN: Profit booking expected in 1st half and then continuation.