Bank Nifty Trading Strategy for 18th Aug'2020
Cập nhật
#banknifty OI down by -0.50 % and price up by -0.10 % shows neutral position, bears are not able to push it hard and bulls are resting.
14th Aug:- 12:15 PM to 2:30 PM huge short's were build up in the system from the levels 22,245 -21,459
The short covering will only happen if 21,853-21,946 levels are crossed and the trend will reverse above 22,080.
No fresh shorting, until we breach 21,370 and will reverse all the long if 20,926 is broken, which will be a medium-term reversal in the market.
Immediate target on upside T1 21,865-21,905 & T2 22,122 - 22,211.
Note: If bears are not able to break 21,400 in the next 2 days, you will have the short-covering fun preferably by wed 2nd half.
Decision Zone [ 21,538- 21,674] is marked in yellow, below negative & above positive.
Trade what you see not what you feel, follow it and you will feel the x-factor.
14th Aug:- 12:15 PM to 2:30 PM huge short's were build up in the system from the levels 22,245 -21,459
The short covering will only happen if 21,853-21,946 levels are crossed and the trend will reverse above 22,080.
No fresh shorting, until we breach 21,370 and will reverse all the long if 20,926 is broken, which will be a medium-term reversal in the market.
Immediate target on upside T1 21,865-21,905 & T2 22,122 - 22,211.
Note: If bears are not able to break 21,400 in the next 2 days, you will have the short-covering fun preferably by wed 2nd half.
Decision Zone [ 21,538- 21,674] is marked in yellow, below negative & above positive.
Trade what you see not what you feel, follow it and you will feel the x-factor.
Đóng lệnh: đạt mục tiêu
Immediate target on upside T1 21,865-21,905 & T2 22,122 - 22,211 Done
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.