#banknifty #futures #charts
blue arrow-rise with low vols...resulted in reversal(becomes res)
brown arrow-a very sharp bounce after a steep fall(becomes sup)
pink arrow-approaches res,vols thr but long upper shadow reflects rejection so bearish
green arrow- breakdown with volumes. fat red candle. range break but better to wait for follow thru. next candle more like pinbar with good vols. short below low or long abv high. results in strong upside
red arrow-approaching resistance. vols thr but need a close abv breakout. failure to close above resulted in pressure. good time to be bearish. the fall has been with falling vols and overall structure range bound. so no deep tgts.
The roadmap to trade today. RT if u liked it and want more such free learnings. till then have a safe and profitable journey

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Gaurav Bissa

Gaurav Bissa Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!