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Bank Nifty Trading Strategy for 10th Nov'2020

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NSE:BANKNIFTY   Nifty Bank Index

BN range:- 27068.95 — 27595.00

All target except the last target (missed by 25 points) was completed.

Uppper targets:- 27,050 / 27,300 / 27,450 / 27,620


Decision line:- 27,450

No long trade as per my analysis only short trades:- Please don't hesitate to short now, all SL of short 28,500.

Lower Targets:- 27,900 / 27,750 / 27,550 / 27, 350 / 27,200 / 27,075/ 26,855 /26,727 / 26,643 ---

Harmonic Trade extension is 1.618% is 28,180
Gann Resistance :- 28,225
Demand & Supply Resistance:- 28,186 to 28,305

Positional Trend Reversal levels:- 27,075.

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.

Komen:

Penafian

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