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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