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Open in appBankNifty Breakout ya Breakdown: Key Levels (Hindi)
Breakout traders look for consolidation periods where a price trades in a tight range and buyers and sellers are in balance. When price breaks out of the range on higher volume, they trade in the direction of the break.
This video applies that approach to BankNifty while it waits for a breakout or breakdown. It covers finding key levels, using open interest to judge them, and strategies for either outcome.
What you’ll learn
✓Why consolidations precede breakouts
✓The role of volume in a breakout
✓Finding BankNifty key levels with open interest
✓Strategies for a breakout or a breakdown
Read and practise
SPEAKERDharmendra RajbharTrainer
PGDM in finance, having 5+ experience in Equity, commodities , forex analysis and trading.
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