Nifty Bank IndexShort
BANKNIFTY SHORT
Updated
BANKNIFTY HAS BROKEN AN IMPORTANT SUPPORT ON THE HOURLY TIMEFRAME.
IF TOMORROW 31800 LEVEL IS NOT RETAINED IN THE FIRST HOUR THEN WE MIGHT SEE A SIGNIFICANT SELLING TILL 31300.
TOMORROW IS GOING TO BE AN ACTION PACKED DAY, SO TRADE WISELY AND DO NOT SHORT BLINDLY.
IF BN RETAINS 31800 LEVEL IN THE FIRST HOUR THEN LONGS WOULD BE VERY AGGRESSIVE COZ THE MARKET HAS BROKE 31800 IN THE LAST HOUR, SO A LOT OF TRADERS WOULD HAVE BOUGHT PUTS FOR TOMORROW AND THAT IS SOMETHING THE BIG FISH LIKE A LOT. IYKWIM.
IF TOMORROW 31800 LEVEL IS NOT RETAINED IN THE FIRST HOUR THEN WE MIGHT SEE A SIGNIFICANT SELLING TILL 31300.
TOMORROW IS GOING TO BE AN ACTION PACKED DAY, SO TRADE WISELY AND DO NOT SHORT BLINDLY.
IF BN RETAINS 31800 LEVEL IN THE FIRST HOUR THEN LONGS WOULD BE VERY AGGRESSIVE COZ THE MARKET HAS BROKE 31800 IN THE LAST HOUR, SO A LOT OF TRADERS WOULD HAVE BOUGHT PUTS FOR TOMORROW AND THAT IS SOMETHING THE BIG FISH LIKE A LOT. IYKWIM.
Note
TOLD YA....!!A LOT OF BEARS WOULD BE KILLED IN THIS MARKET.
BE WISE AND TRADE LIKE BIG FISHES, ONLY THEN ONE CAN MAKE MONEY.
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