Banknifty 11 Aug weekly analysis
This analysis is for positional not intraday.
1) As I have mentioned on the chart, you guys can plan accordingly.
2) Overall market sentiment are bullish, if it closes below 37700 , this will change the trend and this level is also your SL.
3) targets can be - 38350(small tgt) , 38500(round level), 38800. Book your profit accordingly or trail SL.
1) As I have mentioned on the chart, you guys can plan accordingly.
2) Overall market sentiment are bullish, if it closes below 37700 , this will change the trend and this level is also your SL.
3) targets can be - 38350(small tgt) , 38500(round level), 38800. Book your profit accordingly or trail SL.
Note
Monday 3:15 Update- Market didn't close above 38250 so our entry is not triggered.On Wednesday take entry only above 38250 with a strong closing. SL remains same.Note
it did what I said :) Thank yOU
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Disclaimer
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.