pn202377

Budget special analysis of Banknifty

pn202377 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Hi traders,
One of the biggest day of every traders and investors.
So my first request to every new traders and investors see the tomorrow's market avoid trading tomorrow. It is not easy to trade on that day.
Who are capable of understanding the levels and price action properly then only trade otherwise avoid don't use any indicator it will not work for sure.

Let's discuss tomorrow's level:-

Firstly don't think market will be bullish because everyone is seeing that there is a reverse head and shoulder where the retailers can be trapped easily. So think smartly, trade smartly.

First demand zone :- 40335-40161
Second demand zone:- 39673-39640

First Supply zone:- 40750-40930
Second Supply zone:- 41807-41915

If market breaks 40940 and makes higher highs then we can go for long.

If market makes higher highs or lower lows from demand or supply zone in given chart.

Summary:- Don't make any momentum in mind it may be devastating for your account.

Use trailing sl (7 smma)

SL IS MUST FOR TOMORROW

Comment:
I can easily say news based trading session are unpredictable and analysis may be totally wrong so remember it.
Trade closed: target reached:
amazing man amazing levels 😂😂😅
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