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subhagghosh
Jul 17, 2020 2:58 PM

Bank Nifty Trading Strategy for 20th July'2020 

Nifty Bank IndexNSE

Description

Decision Zone [ 22,040 - 22,185]

SL for all short term long 21,495

2:00 PM to 3:30 PM, non stop 90 mins short-covering, until and unless followup buying comes, will be consolidated at this level of 21,000 to 22,500.

We are trying to form H&S formation on the hourly chart, which might require the next 1 to 2 weeks to mature.

Below 21,028 we have a target of 18,976 (23080 to 21,028 , 2052 points .i.e 18,976)
Comments
jkbastia2009
thanks.can you give your phone no 9337456242
subhagghosh
Don't be in hurry, Monday is the decider....

Specific query ping me in the chat.

Pls protect your capital, 70k lose running is injurious to our financial health.
hpundalik33
@subhagghosh, Thanks. Will wait and watch. Even I don't have any choice as of now.
subhagghosh
I made my client to book profit on Friday at 3.29 PM....at day high.

Hdfc results has come out, slightly above market expectations.

But lots of catches are there.

Let's see.
hpundalik33
I have 23rd July 3 PEs options are running and holded to next week. Around 70k in -ve. Shall I hold again on Monday or sell it out?
maheshnawale96
@hpundalik33, I have also
arvindsthakur
In straight talk,between 2pm to 3:30 pm on 20th (Monday) we will see downfall
skjain9410
@arvindsthakur, sir, I have short, should retain till Tuesday .....
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