banknifty pre market analysis
12 SEP ANALYSIS:
Daily analysis:
[Market is at all time high]
[nifty moved 500 points and banknifty moved 1500 points in 3 days]
[so profit booking could come on big gapup/down trade in small qty]
[we will trade in full qty if market gives breakout after some consolidation]
PS-Position size
Nifty opens:
side: if it gives breakout buy(50)
gapup: see further priceaction
gapdown: will see further price-action, will sell if gives breakdown [100]
Banknifty
side: if it gives breakout buy(50)
gapup: see further priceaction
gapdown: will see further price-action, will sell if gives breakdown [100]
Daily analysis:
[Market is at all time high]
[nifty moved 500 points and banknifty moved 1500 points in 3 days]
[so profit booking could come on big gapup/down trade in small qty]
[we will trade in full qty if market gives breakout after some consolidation]
PS-Position size
Nifty opens:
side: if it gives breakout buy(50)
gapup: see further priceaction
gapdown: will see further price-action, will sell if gives breakdown [100]
Banknifty
side: if it gives breakout buy(50)
gapup: see further priceaction
gapdown: will see further price-action, will sell if gives breakdown [100]
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