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.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.