subhagghosh

Bank Nifty Trading Strategy for 29th June'2020

NSE:BANKNIFTY   Nifty Bank Index
The wave structure is not damaged and is intact for last 2 days, Monday can be decisive big move either side:-
Upside target of Wave 5:-
61.8% 23,420.72
100% 24,009
138.2% 24,597.28


The whole structure will get damaged below 20,929

Decision Range is 21,086-20,916, during market hours try to keep the focus on the zone of confluence, where bull vs bears will have a fierce battle.

If the trend line is broken, you know the target, that's on the chart.

I wish you all a happy trading.

Trading is all about making money and nothing else. Trade what you see, not what you think, trade the market, not the forecast, happy trading🤹.





Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.