07th Jun Bank nifty review

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 On 07th Jun Bank nifty Trade logic 



Pattern : 1st 5 min and 1st ONE hour High Rejection


  • Today from 09.15 am to 10.15 am in bank nifty index chart 1st 5 min candle high and low breakout not happen

  • So we mark the ONE hour High and Low

  • At 10.25 am market try to break the 1st 5min and ONE hour High but next candle is red so no proper breakout

  • At 10.30 am candle is red and break the 1st 5min and ONE hour High from up to down and next candle also red open and close below the 1st 5 min candle high so it's proper rejection pattern

  • So entry time is 10.40 am candle

  • Target is 1st 5.min candle low
  • Stop loss is over all high


Chart : 





To understand this pattern watch the video






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