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subhagghosh
Jul 7, 2021 10:56 AM

#banknifty analysis for 8th July'2021 #expiry 

Nifty Bank IndexNSE

Description

#banknifty analysis for 8th July'2021

DP:- 35,500 (above +ve below -ve)

Decision Points :- Important reaction points, which price reacting to movements are 34,653 / 35,095 / 35,358 / 35,555 / 35,800 / 36,126 / 36,293-36,320

E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.

John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.

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.

Regards,
SG
Comments
babai93
Kidhar gaya analysis?
subhagghosh
@babai93, My analysis is for swing trades, intraday ma up & down chalta rehata hai.

Below 35,500 was short , u made low of 35,134....enough hai for day trading.
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