In our past multiple analyses of Bank Nifty, we have already discussed that it is in the weak section at present.
Today will see how we can anticipate the trends from intraday charts, by even taking advantage of small swings for increasing our profits, which looks graying sometimes on daily charts too.
Above is the Bank Nifty Index Hourly chart, which we are seeing is already in a downtrend, but if we look at the ‘Daily’ chart, it will show you a straight downside.
Whereas the hourly chart is showing three swings in the main downside swing, which equals to three more opportunities to which we can convert into action, but by only applying proper trading tools.
It takes great courage & confidence to put the things into the right piece at the accurate time to obtain the benefits that one can gain & learn by using solid methodologies. That, I’m coaching only a selected no. of students every year.
If you are seeking such profitable possibilities for nourishing your trading career, then you must have a look at our exclusive & valuable course offerings.- Divesh