subhagghosh

Bank Nifty Trading Strategy for 24th Dec'2020

NSE:BANKNIFTY   NIFTY BANK
#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 DONE

Comments

Hi..do you mean below 28838?
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subhagghosh Falcon-Rising
@Falcon-Rising if price falls below 28,838
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On the same day, upper & lower targets are achieving, or market opens with gap up or down, unable to predict at what point we can enter.
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subhagghosh gjananisri
@gjananisri Entry point u have to fine tune using price action.

I give u levels to guide your trading, exact entry and exit is not possible to give here , as this is posted well before market hours.

exact entry n exit can be acheived if you all start practicing price action.
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