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#BankNifty Trading Strategy for 28th July'2020

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NSE:BANKNIFTY   Nifty Bank Index
#BankNifty Trading Strategy for 28th July'2020

The pattern got failed badly in #banknifty and the reversal of the short term trend will be below 20,096.

Patterns Got failed in the last 2 week:-

1. PRZ in 22,650-22,750 range got failed and made a high of 23,211.

2. Cup & Handle got failed below 23,428 and made a low of 22,803.

Now we have bearish shark #harmonic pattern on #banknifty, where the targets are 21,476 / 21,028 / 19,733.

All the levels and decision zone are on the chart, the decision zone is above positive and below negative.

Trade what you see, not what you feel, enjoy trading.

Dagangan ditutup: sasaran tercapai:
Perfect analysis, #banknifty took support from the trendline (21,600) and closed in our indecision zone.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.