subhagghosh

Bank Nifty Trading Strategy for 13th Nov'2020

NSE:BANKNIFTY   NIFTY BANK
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.


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