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subhagghosh
Dec 6, 2020 12:00 PM

Bank Nifty Trading Strategy for 7th Dec'2020 

Nifty Bank IndexNSE

Description

#banknifty view on 7th Dec'2020.

Decison Zone:- 29,920 - 25,980

Upper targets:-30,074 / 30,323 / 30,445 / 30,611 / 31,046

Lower Targets:- 29,844 / 29,774 / 29,615 / 29,473

SL for all positional long is 28,900

Weekly Range:-

Smaller Range:- 29,500 to 30,600

Larger Range:- 29,000 to 31,000

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.
Comments
mnm1970
hi
reg your reliance 2150 2200 analysis in Nov.
bought 1lot dec 2200ce at 38
2nd lot at 25
3rd lot at 15
the position is -16k.
I erred at times.
what is your advice?
what should be the combat strategy?
subhagghosh
@mnm1970 Now don't look into this position before 20th Dec
subhagghosh
some basic mistake, we do is to compound to lossing position....which u should always avoid.
mnm1970
thank you noted
mnm1970
it's now 5k+ should I book profit and get out
but I believe in your strategy
I would like to hold as suggested
thank you 😊
alokkumarsahu01
Perfect analysis
prakashbhatia2017
Perfect analysis
mnm1970
bang on
subhagghosh
Upper targets:-30,074✅ / 30,323✅ / 30,445
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