BANKNIFTY Positional View for 16/09/20

Updated
Current position is LONG bought on September 15-2020 at 22300
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Action for 16 September 2020: Continue to hold long and reverse to Short if BANK NIFTY closes below 22434

NSE: BANKNIFTY

All Values are for September 2020 Future

Profit as of now 297 points.

Trade as per your risk profile and use these for educational purpose.

Past Performance : 4418 Points in 5 Trades (1 loss and 4 Profit) in 1 month.

Open BUY position

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
Intraday levels

Buy Above 22595.97

Buy Targets 22691.38 22786.26 22862.95 22939.64 23048.83 23115.12 23341.28 23589.55

Sell Below 22480.03

Sell Targets 22384.62 22289.74 22213.05 22136.36 22027.17 21960.88 21734.72 21486.45
BANKNIFTYpositionalswingtradingTrend Analysis

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