Bank Nifty Intraday Trading Ideas - 20th July
Hi Guys,
Bank nifty and Nifty is in recovery mode.
Gap Up opening chances are high.
35970 -36100 is strong resistance area.. Please try to avoid trade in between(No trade is sometime best trade).
If Bank Nifty consolidate and break either way it will give 100-150 points.
Long Side Logic - Max Call OI is at 36000. If Bank Nifty break 36100 then short recovery will happen.
Short Side Logic - We are up from 34500 so may some profit booking happen if BN start trading below 35960.
Please keep your stop loss 70-75 points index. Risk Reward Ratio is 1:2.
Bank nifty and Nifty is in recovery mode.
Gap Up opening chances are high.
35970 -36100 is strong resistance area.. Please try to avoid trade in between(No trade is sometime best trade).
If Bank Nifty consolidate and break either way it will give 100-150 points.
Long Side Logic - Max Call OI is at 36000. If Bank Nifty break 36100 then short recovery will happen.
Short Side Logic - We are up from 34500 so may some profit booking happen if BN start trading below 35960.
Please keep your stop loss 70-75 points index. Risk Reward Ratio is 1:2.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.