📌 BANK NIFTY | 15 min Idea – 18 May 2025
Bias: Moderately Bullish while above trend‑line
CMP: 55,351
Market Structure
• Higher‑lows riding an up‑trend channel; price compressing under 55,630 supply.
• Minor demand at 55,200–55,120 aligns with trend‑line – decision point ahead.
Levels
│ R1 55,630 │ R2 55,900
│ S1 55,200 │ S2 54,510
Trade Plan
🟢 Breakout Long → Entry on 15‑min close > 55,630.
Targets 55,780 / 55,900 | SL 55,420.
🟢 Pullback Long → Bid 55,200–55,120 zone on bullish 5‑min candle.
Targets 55,500 / 55,630 | SL 55,000.
🔴 Breakdown Short → Entry on 15‑min close < 55,100 (below zone & trend‑line).
Targets 54,900 / 54,750 | SL 55,260.
Notes
• Avoid mid‑range chop between 55,200‑55,500 until a trigger hits.
• Watch volume: a spike above 55,600 often sparks swift 150‑pt moves.
Set TradingView alerts at 55,630 and 55,100; risk ≤ 1 % of capital.
#PriceAction #BANKNIFTY #15min #GLOBALTRADESECURITIES
Bias: Moderately Bullish while above trend‑line
CMP: 55,351
Market Structure
• Higher‑lows riding an up‑trend channel; price compressing under 55,630 supply.
• Minor demand at 55,200–55,120 aligns with trend‑line – decision point ahead.
Levels
│ R1 55,630 │ R2 55,900
│ S1 55,200 │ S2 54,510
Trade Plan
🟢 Breakout Long → Entry on 15‑min close > 55,630.
Targets 55,780 / 55,900 | SL 55,420.
🟢 Pullback Long → Bid 55,200–55,120 zone on bullish 5‑min candle.
Targets 55,500 / 55,630 | SL 55,000.
🔴 Breakdown Short → Entry on 15‑min close < 55,100 (below zone & trend‑line).
Targets 54,900 / 54,750 | SL 55,260.
Notes
• Avoid mid‑range chop between 55,200‑55,500 until a trigger hits.
• Watch volume: a spike above 55,600 often sparks swift 150‑pt moves.
Set TradingView alerts at 55,630 and 55,100; 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.