Nifty Bank IndexShort
BANKNIFTY Positional View for 21/09/20
Updated
Current position is SHORT sold on September 17-2020 at 22497
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Action for 21 September 2020: Continue to hold short and reverse to long if BANK NIFTY closes above 22307 .
NSE: BANKNIFTY
All Values are for September 2020 Future
Profit as of now 353 points.
Trade as per your risk profile and use these for educational purpose.
Past Performance : 4663 Points in 6 Trades (1 loss and 5 Profit) in 1+ month.
Open SELL position
6.BUY : profit of 245 Points ( 14th September - 17 September).
5: Sell: Profit of 2024 Points (31st August - 14 September).
4. BUY : Profit 2175 Points(21st August to 31st August).
3. Sell : Loss of 89 Points( 20th August to 21st August).
2 . Buy : 123 Points (18thAugust - 20th August 2020).
1. Sell : 185 Points ( 14th August -18th August 2020).
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Action for 21 September 2020: Continue to hold short and reverse to long if BANK NIFTY closes above 22307 .
NSE: BANKNIFTY
All Values are for September 2020 Future
Profit as of now 353 points.
Trade as per your risk profile and use these for educational purpose.
Past Performance : 4663 Points in 6 Trades (1 loss and 5 Profit) in 1+ month.
Open SELL position
6.BUY : profit of 245 Points ( 14th September - 17 September).
5: Sell: Profit of 2024 Points (31st August - 14 September).
4. BUY : Profit 2175 Points(21st August to 31st August).
3. Sell : Loss of 89 Points( 20th August to 21st August).
2 . Buy : 123 Points (18thAugust - 20th August 2020).
1. Sell : 185 Points ( 14th August -18th August 2020).
Note
Buy Above 22049.31Buy Targets 22160.09 22270.27 22359.31 22448.36 22575.13 22652.10 22914.71 23202.98
Sell Below 21914.69
Sell Targets
21803.91 21693.73 21604.69 21515.64 21388.87 21311.90 21049.29 20761.02
Note
High risk action plan can be to exit SHORT at stable 22160 and enter long with a SL of 21900. You can also hedge with PE . Good sign of reversal seen
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