BANKNIFTY Positional View for 17/09/20

Telah dikemas kini
Current position is LONG bought on September 15-2020 at 22300
=====================================================================

Action for 17 September 2020: Continue to hold long and reverse to Short if BANK NIFTY closes below 22497.

Advise :
Suggest to buy 1 lot of ATM PE(with at least 10 days for expiry) for 1 lot of long Future for insuring against a reversal if any. This will reduce the profit but more safer for carrying any position without thinking of stop loss value calculation . Exit both same time in case of reversal to do opposite.
Since i do not track Bank nifty closely will not be able to alert here.

NSE: BANKNIFTY

All Values are for September 2020 Future

Profit as of now 345 points.

Trade as per your risk profile and use these for educational purpose.

Past Performance : 4418 Points in 5 Trades (1 loss and 4 Profit) in 1 month.

Open BUY position

5: Sell: Profit of 2024 Points (31st August - 14 September).
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
Intraday Levels

Buy Above 22399.76


Buy Targets 22498.11 22595.92 22674.98 22754.03 22866.58 22934.92 23168.06 23423.98


Sell below 22280.24


Sell Targets 22181.89 22084.08 22005.02 21925.97 21813.42 21745.08 21511.94 21256.02
BANKNIFTYpositionalswingtradingTrend Analysis

Penerbitan berkaitan

Penafian