Bank Nifty Trading Strategy for 8th Sep'2020

#banknifty OI up by 5.29% and price down by -0.2% show neutral setup.

The last 30 min rally was due to short covering, where 6,968 #banknifty future positions were closed.

So we should not read too much into the last 30 min rally to be trend or game-changer, the trend is still weak.

#banknifty is the uptrend channel, trade the channel.

Decision Zone 23,211 - 23,112

Trade what you see not what you feel, trading is all about making money nothing else.
BANKNIFTYChart PatternsniftybankTrend AnalysisWave Analysis

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