Bank Nifty Trading Strategy for 4th Aug'2020
OI up by 24.22% and price down by -2.62%, shows significant short buildup. There was along with short covering & short buildup for is last 2hours ( 1:30 pm to 3:30 pm).
#banknifty is made lower low and lower high constantly for the last 4 days
LH: 22,346/22,253/21,807/21,544
LL: 22,906/21,580/21,375/21,031
Won't be long until you 21,807 is crossed, bounce must be used to create short rather than dips used to create shorts.
Decesion Zone is 21,180 - 21,398.
Please avoid aggressive long and use the bounce to short.
Lower targets on cards:- T1 20,421 & T2 19,685 (these levels are valid if #banknifty starts trading below 21,000)
#banknifty is made lower low and lower high constantly for the last 4 days
LH: 22,346/22,253/21,807/21,544
LL: 22,906/21,580/21,375/21,031
Won't be long until you 21,807 is crossed, bounce must be used to create short rather than dips used to create shorts.
Decesion Zone is 21,180 - 21,398.
Please avoid aggressive long and use the bounce to short.
Lower targets on cards:- T1 20,421 & T2 19,685 (these levels are valid if #banknifty starts trading below 21,000)
İlgili yayınlar
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.