Nifty Bank Index

banknifty pre market analysis

70
9 AUGUST ANALYSIS:
Daily analysis:
[Trade only if market is outside of range of prev. day's high and low]

PS-Position size

Nifty opens:
side: if it gives breakout (up 100%, down 100%)
gapup: wait for price-action, buy if market make bullish pattern (100% up)
gapdown: sell if market breakdown after consolidation (70% down, 50% up)

Banknifty
side: if it gives breakout (up 100%, down 70%)
gapup: wait for price-action, buy after some consolidation (100%)
gapdown: if it gives breakdown then selll (ps-100%)
big gapdown: buy or sell only after some consolidation half qty

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