subhagghosh

Bank Nifty Trading Strategy for 4th Dec'2020

NSE:BANKNIFTY   NIFTY BANK
#banknifty view on 4th Dec'2020.

We are having a correction wave: Triangle, Zig Zag Contracting Triangle

Decison Zone:- 29,550 - 25,608

Resistance Zone:- 29,778 - 29,851

Upper targets:-29,710 / 29,813 / 29,920 / 30,045

Support Zone:- 29,150 - 29,223

Lower Targets:- 29,290 / 29,149 / 29,950 / 28,655 / 28,236 / 27,824

SL for all positional long is 28,800

Any crack can pull BN immediately to below 28k.

Weekly Range:-

Smaller Range:- 28,900 to 30,200

Larger Range:- 28,500 to 30,700

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

subho da....u r great!!!
+1 Reply
great work.. God bless you
+1 Reply
#banknifty view on 4th Dec'2020.

We are having a correction wave: Triangle, Zig Zag Contracting Triangle

Decison Zone:- 29,550 - 25,608

Upper targets:-29,710 ✅/ 29,813 ✅/ 29,920 ✅/ 30,045✅
Reply
hard to time entries today, when u long above 610, it went down initially below decision zone and it hit SL and then went up... there might be some corrections needed with ur decision zones , pls check.
Reply
subhagghosh Manoj_Korrapati
@Manoj_Korrapati it's Ok, SL on short tiggred the long....EOD big profit
Reply
@subhagghosh,

Really great job 👍👏😊,,
Very very informative for beginners like me.
Thanks a lot bro.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out