Bank Nifty Trading Strategy for 29th July'2020
#BankNifty as discussed yesterday was weak and took support from trendline around 21,600.
One cycle was complete of elliot wave ( 21,027 to 32,112 - 5 wave & 32,112 to 21,615- 3 wave).
Use buy in dip stargetgy for a target of 22,363 / 22,540 / 22,791 SL 21,615.
Trade what you see not what you feel, enjoy trading.
One cycle was complete of elliot wave ( 21,027 to 32,112 - 5 wave & 32,112 to 21,615- 3 wave).
Use buy in dip stargetgy for a target of 22,363 / 22,540 / 22,791 SL 21,615.
Trade what you see not what you feel, enjoy trading.
Trade active:
Trade active:
#banknifty made a high of 22340 near our first 22,363.
