Bank Nifty Trading Strategy for 29th July'2020

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#BankNifty as discussed yesterday was weak and took support from trendline around 21,600.

One cycle was complete of elliot wave ( 21,027 to 32,112 - 5 wave & 32,112 to 21,615- 3 wave).

Use buy in dip stargetgy for a target of 22,363 / 22,540 / 22,791 SL 21,615.

Trade what you see not what you feel, enjoy trading.
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tradingview.com/chart/xTsTNPtT/

#banknifty is moving as expected.
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#banknifty made a high of 22340 near our first 22,363.
BANKNIFTYChart PatternsTechnical IndicatorsniftybankTrend Analysis

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