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subhagghosh
4 Jun 2020 pukul 19.21

Bank Nifty Trading Strategy for 5th June'2020 Singkat

Nifty Bank IndexNSE

Huraian

A rally of 4514 or 26% point from 17105 to 21619 was covered in 50 bars (12 Days).

The short term high of 21,619 has been made what it seems.

Use a bounce to short and the downsize target is 18,830 by 10th June.

Note:- Analysis fails if BN crosses 21,619.

The original target of 23,300 still holds but retracement first then the next move.


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