subhagghosh

Bank Nifty Trading Strategy for 24th Nov'2020

subhagghosh Updated   
NSE:BANKNIFTY   Nifty Bank Index
#banknifty view on 24th Nov'2020.

Decision Zone:- 29,185 - 29,104

Upper targets:- 29,324 / 29,500 / 29,785 / 30,069 / 30,245 / 30,386 / 30,528

Lower Targets:- 29,040 / 28,838 / 28,580 / 28,288/ 28,121 / 27,837

Trend Reversal levels:- 29,030.

Elliott Wave:- Wave B is complete and wave 3 is in progress and below 29,838 it will be fast you won't get a chance to exit the longs and the immediate target is 28,200 to 28,000 on cards.

SL for all positional long is 27,703

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.
Trade closed: target reached:
Upper targets:- 29,324 / 29,500 / 29,785

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.