NumroTrader

Bank Nifty Future Intraday Prediction - 20.11.2023 - T. Marcos

NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
πŸ“ˆ Trade Alert: BankNifty Future - November Contract - 20.11.2023

πŸ“Š Market Overview:
Instrument: BankNifty Future
Contract: November
Day Range: 416 points
Trigger Point: 43715

πŸ“ˆ Buy Strategy:
Buy At: 43907
Add Position: 43858
Buy Target 1: 43973
Buy Target 2: 44132
Standard SL: 43793
Preferred SL: 43799

πŸ’‘ Sell Strategy:
Sale At: 43809
Sale Target 1: 43458
Sale Target 2: 43299
Standard SL: 43874
Preferred SL: 43917

πŸš€ Trade Parameters:
Seize the opportunity with a buy position at 43907, considering an additional position at the trigger point of 43858.
For selling, execute positions at 43809 with targets set at 43458 and 43299.
Standard and preferred stop-loss levels are provided for risk management.

πŸ“† Day Range:
Anticipating a day range of 416 points, offering ample room for potential gains within the specified levels.

πŸ“‰πŸ“ˆ Risk Management:
Employ stop-loss orders to mitigate risks.
Stay informed about market conditions and news updates.

πŸ”„ Disclaimer:
Trading involves risks, and past performance is not indicative of future results. It's advisable to conduct thorough research or consult with a financial advisor before making trading decisions.

Happy Trading! πŸ“ŠπŸ’ΉπŸš€ #BankNifty #TradingAlert #StockMarket #Investing

Seasoned index & commodity trader with excellent technical analysis skills.

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