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Daily Analysis Nifty & Bank NiftyAs a follow up discussion with our view presented yesterday in NIFTY and Bank Nifty we are discussing the Alternate possibility along with sticking with present view and trade plan. WISH YOU A HAPPY TRADING Disclaimer: We are not SEBI registered advisory and views presented are personal views and if you want to trade based on these views please consult with your SEBI registered Advisory. Please access risk involved in each take and take your decision considering your risk appetite.
NSE:NIFTYShort
by profitadda
Bank Nifty & NIFTY Trade PlanIn continuation of our earlier view on Nifty and Bank nifty so far are inline with moves expected and still in trade, Now we are again having an opportunity to initiate sell trade in both Indices before we reach at Wave ((C)) black in both the indices to complete the corrective move started from 19-OCt. once we are done we will be initiating BUY trade for enchasing next upcoming larger Impulsive cycle. However till than since we have got confirmation on Bearish sequence we are also initiating Sell position as mention in this VIDEO. Wish you a Happy Trading and if you like his video please give likes, share your comments and follow us for more update.
NSE:NIFTYShort
by profitadda
2
Entry Plan for BANKNIFTY 56000 Target We have completed 5 Wave move Up since Covid Fall and now in making of 5-3-5 Corrective pattern ((A)) ((B)) ((C)). Its too Early to confirm Connector ((B)) is completed however assuming it is done, we can now expect making of wave ((C)) Black is in process and we can have entry planned @ 31080 Level with target to en-cash Next Up move of Wave III red. Trade Plan : Well In advance Entry : 31080 Stop Loss : 27000 Target : 56000
NSE:BANKNIFTYLong
by profitadda
7