BANKNIFTY TRADE SETUP FOR THE DAY

14 set 2020

INDEX SUMMARY
-NOW THERE IS A DILEMMA IN BANKNIFTY PRICEA ACTION
-WE HAVE TWO DOJI'S FOR CONSECUTIVE DAYS
-BUT BANKNIFTY IS TAKING SUPPORT ON THE TRENDLINE
-BANKNIFTY CREATED A HIGHER LOW ON LOWER TIME-FRAME
-22130/22230 REVERSED FROM THE TRENDLINE
-I EXPECT IF BANKNIFTY HOLDS ONTO THE LOW THEN WE CAN AGAIN MAKE AN ATTEMPT FOR HIGHER LEVELS
-IF BANKNIFTY BREAKS ABOVE 22780-800 I EXPECT BANKNIFTY WILL MAKE A DASH TOWARDS 23050-23070
-IF BANKNIFTY STARTS TO SEE SOME CORRECTION AND BREAKS BELOW 22280 IS BREACHED I EXPECT A FAST DROP TOWARDS 22120-21960

BANKNIFTY RESISTANCE FOR THE DAY
22700-22800-23070 (FUT)
BANKNIFTY SUPPORT FOR THE DAY
22225-22120-21960 (FUT)


!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!HAPPY TRADING!!

SCREENSHOT

14 set 2020

Trade chiuso: obiettivo raggiunto