BANK NIFTY | 15-min Idea – 10 June 2025
Bias: Bullish above 56,640; cautious below 56,200
CMP: 56,585
Market Structure
• ATH breakout followed by 5-min box consolidation = classic bullish continuation setup.
• 1HR trendline and 56,120–200 demand zone offer strong downside cushion.
Levels
│ R1 56,640 │ R2 57,000
│ S1 56,200 │ S2 56,000
Trade Plan
🟢 Breakout Long → Entry on 15-min candle close > 56,640.
Targets 56,850 / 57,000 │ SL 56,500
🔴 Breakdown Short → Entry on 15-min close < 56,100.
Targets 55,950 / 55,800 │ SL 56,220
Notes
• Expect sharp momentum on clean breakout above 56,640; ATH breakout continuation pattern.
• Below 56,100, trendline breaks—watch for deeper retracement to 56K or lower.
Set alerts at 56,640 and 56,100; manage risk ≤ 1 % of capital.
#PriceAction #BANKNIFTY #15min #GLOBALTRADESECURITIES
Bias: Bullish above 56,640; cautious below 56,200
CMP: 56,585
Market Structure
• ATH breakout followed by 5-min box consolidation = classic bullish continuation setup.
• 1HR trendline and 56,120–200 demand zone offer strong downside cushion.
Levels
│ R1 56,640 │ R2 57,000
│ S1 56,200 │ S2 56,000
Trade Plan
🟢 Breakout Long → Entry on 15-min candle close > 56,640.
Targets 56,850 / 57,000 │ SL 56,500
🔴 Breakdown Short → Entry on 15-min close < 56,100.
Targets 55,950 / 55,800 │ SL 56,220
Notes
• Expect sharp momentum on clean breakout above 56,640; ATH breakout continuation pattern.
• Below 56,100, trendline breaks—watch for deeper retracement to 56K or lower.
Set alerts at 56,640 and 56,100; manage risk ≤ 1 % of capital.
#PriceAction #BANKNIFTY #15min #GLOBALTRADESECURITIES
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.