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subhagghosh
Jun 29, 2021 12:11 PM

#banknifty analysis for 30th June'2021 Long

Nifty Bank IndexNSE

Description

#banknifty analysis for 30th June'2021

Decision Line: - 35,045 (above +ve & below -ve)

Decision Points :- Important reaction points, which price reacting to movements are 34,653 / 34,874/ 35,095 / 35,410 / 35,647 / 35,810

E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.

John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.

Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.

Regards,
SG

#elliottwave #nse # nifty #banknifty
Comments
dasarajurajasekhar
Good graph presentation with all targets, resistance and support levels
rajbalangir
Sir I have been following your charts but I have a different view point for tomorrow ..BNF WILL FALL FROM 35060 TO 34200 LEVEL and then it will bounce back to 34800 .
subhagghosh
@rajbalangir If 34800 breaks, yes it's possible.
rajbalangir
@subhagghosh,

Sir it broke 34800 but retraced from 34700 ..Do u see further downside ..Eagerly waiting for your expiry special .
subhagghosh
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