TradingView
subhagghosh
22 nov 2020 11:13

Bank Nifty Trading Strategy for 23rd Nov'2020 

Nifty Bank IndexNSE

Descrizione

#banknifty view on 23rd Nov'2020.

Decision Zone: 29,325 to 29,406

Upper targets:- 29,500 / 29,785 / 30,069 / 30,245 / 30,386 / 30,528

Lower Targets:- 29,182 / 29,040 / 28,838 / 28,580 / 28,121 / 27,837

Trend Reversal levels:- 29,030.

Elliott Wave:- Wave A of correction is complete and Wave B is complete or Wave C is in progress will come to know on Monday.

If the price moves above Friday's high we might touch 29,785 and might even extend it (be cautious with the longs).

If wave C is in progress, and below 29,800 it will be fast you won't get a chance to exit the longs and the immediate target is 28k on cards.

SL for all positional long is 27,703

Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.

Trade chiuso: obiettivo raggiunto

29,182 -Done/ 29,040 Done/ 28,838 (low was 28,852 missed by a wisker.

After 9:45 there wasn't any buy signal in the chart.
Commenti
Praveen6300
Could you please recommend the best indicators for buying or selling.
subhagghosh
@Praveen6300 my analysis is the best indicator
jzbunty
@subhagghosh bull's eye
jzbunty
Subhagghosh ji, yesterday you told buy call when market 29150 goes above.
BN just little missed it was 29138 and started falling, most of the people strategy failed, but I was stick to your strategy when BN later around 2pm reached level of 29150 above I started buying the call and made good profit.
mnm1970
bought 30000ce lost 2250
checked the resistance levels 29450
started to fall waited
bought 29000 pe
made 4500

your support and resistance information is bang on

Kudos
subhagghosh
pls don't post short trades, I am dead against shorting options.

Money is made in option buying.

Hell lot of money can be made in option buying.
mapoorva32
@subhagghosh, for tomorrow should we buy put ?
MarimuthuSuppaya
Range is 29405 -29106 what you see is what you get.May be short straddle candidate.
tiwarisuman75
subhag sir plz reply
Altro