Bank Nifty Trading Strategy for 26th Oct'2020

Nifty Bank IndexNSE

Описание

⋅ 25 окт 2020 г., 13:36

#banknifty

24,364 ( 50% of 32,613 to 16,116) holds u see 26,311 ( 61.8%).

SL for all positional long is 24,020.

Decision Line:- 24,500

Two strategy to trade:-

1. Range Trading :- 24,250 to 24,750

2. Range breakout trading:-

Buy Above 24764 Tgt 24850,24990 and 25040 (Bank Nifty Spot Levels)
Sell Below 24250 Tgt 24050,23,900 and 23677 (Bank Nifty Spot Levels)

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.

Комментарии

Thanigachalam_S

⋅ 26 окт 2020 г., 09:04

can we buy now. it has come close to 24000
yr views please

Lawyerwithbrains

⋅ 25 окт 2020 г., 14:00

I want to thank you for all your strategies. Sir I want to know whether market profile and volume profile make any difference or they’re same as other indicators?

subhagghosh

⋅ 25 окт 2020 г., 14:13

@Lawyerwithbrains, Not on the index, but yes on the stock they do work.

vilaspotade

⋅ 26 окт 2020 г., 19:17

Do you give your comments every day regarding BankNifty, if yes, where to follow you? Please reply and oblige: Vilas Potade Pune 9987097010

subhagghosh

⋅ 26 окт 2020 г., 21:53

@vilaspotade DM me...on chat.

subhagghosh

⋅ 26 окт 2020 г., 13:11

Yes there was buy at 23880

vasu81

⋅ 26 окт 2020 г., 04:13

BN to me is giving mixed signals , no clear direction on this index so my strategy would be wait and watch . Sounds boring , well that's the way it is .....😜😜

subhagghosh

⋅ 26 окт 2020 г., 03:24

Nifty support 11820/11750 Rest 12035 /12150

suneesh85

⋅ 25 окт 2020 г., 18:22

Triangle pattern targets will not work for nifty & banknifty intraday. Isn't it?

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