Bank Nifty Trading Strategy for 23rd Oct'2020

#banknifty keeping the analysis simple.

Decision line:- 24,450 above long & below short.

Will prefer to go long above the red resistance line (24,823)

As per wave structure, the minor impulse wave is done & we see a corrective wave in progress.

Yesterday's Posted:- Sell Below 24600 T 24384,24250 and 24125 (two targets got achieved)

My indicators are also in sell mode for a short duration ( next 2 to 3 days).

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.


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