BANKNIFTY Positional View for 09/09/20

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Current position is Short sold on August-31-2020 at 24324
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Action for 9 September 2020: Continue to hold short and reverse to Long if BANK NIFTY closes above 22827

NSE:BANKNIFTY

All Values are for September 2020 Future

Profit as of now 1667 points.

Trade as per your risk profile and use these for educational purpose.
These numbers are for Swing trading only and hope some partial profit bookings are done as advised earlier.
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Past Performance : 2394 Points in 4 Trades (1 loss and 3 Profit)

Open SELL position

4. BUY : Profit 2175 Points(21st August to 31st August).
3. Sell : Loss of 89 Points( 20th August to 21st August).
2. Buy : 123 Points (18thAugust - 20th August 2020).
1. Sell : 185 Points ( 14th August -18th August 2020).

Nota
Buy Above 22571.28

Buy targets 22688.60 22805.27 22899.57 22993.86 23128.12 23209.63 23487.73 23793.00

Sell Below 22428.72
Sell Targets 22311.40 22194.73 22100.43 22006.14 21871.88 21790.37 21512.27 21207.00
BANKNIFTYswingtradingTrend Analysis

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