Upcoming 11th Feb Expiry Banknifty View

Feb 7, 2021

In the last trading, session banknifty has shown the shooting star candlestick near Fibonacci retracement level 35930 level. Expected this week It will close in the negative direction. This will give a healthy correction of 40-50%(nearly 3000 points) in banknifty after a strong bullish rally.

Note: This view only valid if banknifty trading below 35450 in tomorrow session. This view fails if it is close above 36650 so we can place stop loss for the short position.

Disclaimer: Consider this view as an educational purpose only. If you want to trade on it then don't forget to take advise from your financial advisor. Also, Trade only with risk management.

Feb 8, 2021

Note

Keep patience and Wait for the levels

Feb 8, 2021

Order cancelled

Conditions Not Fulfilled.