Nifty Levels to trade for an intraday bounce.
11930
Wait for a 15-minute candle to break the low of 11930. And then Short 11900 PE when nifty Break the High of that candle Keep stop-loss as per your Trade Size & Money Management.

50% Retracements is more significant than 0.382&0.618

Short entry was at 128. Cmp 122
Trailing stop-loss form 134 to 130
Target is 105

Trade Active Short Nifty 11900 PE @ 30 Stop 36. Target 15-18
Intraday Only.

Stop of 6 Points triggered. Intraday has never been profitable for me. But still I risk very very very small in Intraday. Just to be sure that *Intraday Never Makes Money In The Long Run.*

Stop-loss triggered. It can be range breakout opportunity but it's takes more then one attampt for breakouts to be a success. So taking long entry on retest is best option for a ranging price patterns.

Stop-triggred @755

Stop-triggred 1300. Above 1300 it is a buy opportunity but market is likely to be more Range Bound with Gaps and Surprises. So few days of time correction will give us clear direction.

Took support at 0.50% re once on 18th Feb and bounced back and rallied 250 Points. Today again price tested 0.50% re. If nifty closing is near to 11940-11950 then going long in option 11900 CE (weekly expiry) with 20 to 30 points as stop-loss should be a good trade.

Auropharma falling form 50% Retracement. 50% Re is more significant and it's not a Fibonacci retracement.

Nifty important levels to watch
11750 - Gap Fill attempt
11600 - 200 Day SMA
11533 - 50% Retracement ( 10637-12430)

For a Positional Trade with Higher Reward wait for Nifty to come near to 11500-11525.

Nifty taking support at 200 SMA 11685. But rather going for a long trade one should look for shorting rallies. If a rally comes and nifty reaches 11800, It will be a good short opportunity.

Trailing Stop further form 130 to 123, which is a starting point of broadening top. L&T Finance Shorted at 128. Target is 105. CMP 114.50

Yesterday it Was a strong selloff after an intraday rally. Today the probability of a selloff is not as high as it was yesterday.

So not selling today's intraday recovery.

50% Retracement is at 11533 ( 10637 - 12430)

Expecting reversal to be made around 11500-11550 if Nifty to consolidate at this levels next week.

Nifty at 0.618 Retracement. Now It will take time to build a reversal when we have falling knife across the global markets.

Target came quickly because of selling across the globe.
RR 1:4 Achieved.

HDFCBANK at important support level. Weekly Trendline.

Nifty Consolidating at important support level.

Kotakbank & ICICI Bank is relatively stronger in banknifty compared to (hdfcbank) the daddy of banknifty.

Kotakbank is an excellent buying opportunity at 1550 for a medium term time frame over other banks.