subhagghosh

Expiry Special Analysis for 17th Dec'2020.

Short
NSE:BANKNIFTY   NIFTY Bank Index
#BankNifty Trading Strategy for 17th Dec'2020

Decision Zone:- 30,712 - 30,763

On Public Demand, added the new section trading range:-

Smaller Range:- 30,521- 30,890

Medium Range:- 30,398 - 31,080

Larger Range:- 29,654 - 30,450

Upper Targets: 30,890 / 31,020 / 31,092 / 31,243 / 31,450

Lower Targets: 30,567 / 30,481 / 30,202 / 30,027

A rising wedge is not a good sign.

Like the famous economist, 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.

Try to read the market in context to the larger picture:-


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