Current Position is Short sold on 3rd March at 35882.6 .Action for March 8 is to continue short and reverse to LONG if BANKNIFTY closes above 35535.47
BankNifty Intraday levels for March 8 2021
Buy Above 35344.21
Buy Targets 35535.47 35725.69 35879.43 36033.16 36252.04 36384.93 36838.33 37336.02
Sell Below 35111.79
Sell Targets 34920.53 34730.31 34576.57 34422.84 34203.96 34071.07 33617.67 33119.98
We catch every tend of BANKNIFTY and stay as long as it exists using AI algorithms with Polynomial equations ,Customized ,Fibonacci ratios ,Standard Deviation as main parameters. This a trend following approach with no bias on any side ,no human interpretation . Back tested for 5+ years of data . I have tested this approached for all NIFTY 50 stocks/FINNIFTY/ BANKNIFTY /NIFTY50 as well.I generate accurate Intraday levels and positional swing numbers from Algorithm.