subhagghosh

Bank Nifty Trading Strategy for 25th Nov'2020

NSE:BANKNIFTY   NIFTY BANK
#banknifty view on 25th Nov'2020.

Decision Zone:- 29,720 - 29,802

Upper targets:- 29,920 / 30,105 / 30,276 / 30,515 / 30,825

Lower Targets:- 29,522 / 29,435 / 29,250 / 29,050

Trend Reversal levels:- 29,520

Elliott Wave:- Wave B is still in progress and extension seems to be in progress

Wave A:- 29,785 to 28,581

Wave B extension is in progress:- 1.318 - 1.618, 30,245 to 30,529 seems to be on the card.

SL for all positional long is 28,580

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

Comments

Great
+2 Reply
Superb
+1 Reply
beautiful analysis
+1 Reply
Your analysis is spot on!! Please help learn this way of analysis!!
+1 Reply
B of 4 is currently going we can expect C coming down to complete 4... correct ?
+1 Reply
Will post tonight
Reply
sir provide 26 Nov level
Reply
29550 touched
29650 now

do we see more downside? can anyone opine?
Reply
Let's see..how market behaves
Reply
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