Nifty Bank IndexShort
Bank Nifty Trading Strategy for 9th Sep'2020
#banknifty OI up by 16.23% and price down by -0.87% show long unwinding & short buildups.
The last 45 min sink was due to long unwinding, which a matter of concern, as long are getting liquidated around
22850 -22650 zone.
Going forward, this zone will act as resistance.
#banknifty is the uptrend channel, trade the channel, lower end of the channel is around 22220.
Expected support area:- 22,440 +-50
Decision Zone 22,911 - 23,065
Trade what you see not what you feel, trading is all about making money nothing else.
The last 45 min sink was due to long unwinding, which a matter of concern, as long are getting liquidated around
22850 -22650 zone.
Going forward, this zone will act as resistance.
#banknifty is the uptrend channel, trade the channel, lower end of the channel is around 22220.
Expected support area:- 22,440 +-50
Decision Zone 22,911 - 23,065
Trade what you see not what you feel, trading is all about making money nothing else.
Pubblicazioni correlate
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.