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dravya
May 19, 2020 4:06 PM

Bank Nifty - 20 May - Trade Plan  

Nifty Bank IndexNSE

Description

Hi guys,

Hope you’re benefiting from my charts.

For some reason, I can’t share nifty levels here, but I’ll share BNF trade plan.

Buy if it fails to break support or stays there for a long time. Target would be resistance 1.

Short if it’s unable to cross resistance 1, like it did today.

Short even if it’s a failed breakout at resistance 1.

Unlikely, but if it breaks out from Resistance 1, next destination would be Resistance 2 which will be a major thing to break.

In short, buy at support, sell at resistance.

Like and follow for updates.

I’ll update in real time if possible.

Comment

For those who are asking for Nifty level..

Mark 9030 in your futures charts.
That's the trend deciding level for morning.
Comments
dharmeshshah1964
You are very good at analysis.What levels you think about nifty today?
dravya
dravya
@dharmeshshah1964, please check my new post.
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