Banknifty Trading Plan for 31 Jan 2022

NSE:BANKNIFTY   Nifty Bank Index
I won't be trading in NIFTY BANK today and probably until after the Union Budget 2022 owing to extremely high premiums in the market - an indication of extreme volatality up ahead which can put a strain on capital.

Moreover, now until the Budget Day the markets will react a lot more to news rather than price levels which will drastically reduce the effectiveness of my trading system.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.