Expiry Special Analysis for 22th Oct'2020.
#banknifty keeping the analysis simple.
Decision line:- 24,596 above long & below short.
Will prefer to go long above the red resistance line ( above 25k only)
As per wave structure, the minor impulse wave is done today & we see a corrective wave.
Buy Above 24600 T 24820,24050 and 25,180
Sell Below 24600 T 24384,24250 and 24125
Will avoid aggressive long, as there is RSI divergence also seems which show internal weakness gripping IN.
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.
Decision line:- 24,596 above long & below short.
Will prefer to go long above the red resistance line ( above 25k only)
As per wave structure, the minor impulse wave is done today & we see a corrective wave.
Buy Above 24600 T 24820,24050 and 25,180
Sell Below 24600 T 24384,24250 and 24125
Will avoid aggressive long, as there is RSI divergence also seems which show internal weakness gripping IN.
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.
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