TREND ALWAYS BENDS BEFORE BREADTH TOOLS
Selling pressure continued in Bank Nifty? The proof is withdrawals from the Cash Market.
You can literally see that Money withdrawal in the live market with "Bank Nifty Indicator"
As I mention - Trading BankNifty requires a special set of tools rather than running behind its price action.
BankNifty is a scale that measures the Performance of our Banking System.
Understanding its formation is key to the success in trading it.
Analyze the Free Float Market cap weightage assignments and the underlying Bank's spot market distribution. To clearly visualize the Direction of BankNifty .
Intraday trading needs proper planning. AND DON'T GUESS ABOUT TOMORROW'S PRICE MOVEMENT BECAUSE PRICE IS A SUBSET OF + EVENT/NEWS.
Trading is a lifetime skillset Happy trading.
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