Bank Nifty Trading Strategy for 13th Nov'2020

Nifty Bank IndexNSE

Description

⋅ Nov 12, 2020 8:42 PM

Decision Zone:- 28,338 - 28,380

Upper targets:- 28450,28600 and 28800

Lower Targets:- 28150,28000,27750 and 27600

Trend Reversal levels:- 28,520.

Elliott Wave:- Wave 3 is completed at 29,030 & Currently, we are in Wave of retracement

Wave 4 is typically 38.2% to 61.8% of wave 3

Wave 4 targets:-
1. 27,545 - 27,582
2. 27,086 - 27,105
3. 26,627 - 26,525

Resiatance Zone:- 29,134 - 29,385

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

sourav_78

⋅ Nov 13, 2020 1:33 AM

Your analysis is always excellent.

yogeshyg1209

⋅ Nov 17, 2020 3:28 AM

👍

sawalapurkarshyam

⋅ Nov 13, 2020 11:51 AM

I have 300 qty of bank nifty 28300 call can u please let me know what is target of Monday

civilChile14253

⋅ Nov 13, 2020 8:57 AM

very nice analysis bro

subhagghosh

⋅ Nov 12, 2020 9:02 PM

I am thankful to you all, people stay awake late at night for my analysis.

prakashkhelage2015

⋅ Nov 13, 2020 12:17 AM

@subhagghosh,
Good morning and wishing you happy and prosperous diwali to you and your family!!!
Dear Sir, I am fan and follower.....!! The way you you take time to do correct analysis.,... It's excellent and amazing.... Jai Gurudev

miprathamesh

⋅ Nov 13, 2020 1:12 AM

@prakashkhelage2015, jai gurudev

sudipto_mandal

⋅ Nov 12, 2020 8:56 PM

Thought you wont post tonight :) but you did..
Lets hope for a profitable day even in this volatile market.. thanks for your pointers!!