Bank Nifty Trading Strategy for 12th May'2020.
Levels on Chart, the breakdown has happened, need to wait at 1st hour to take any trade.
The extended downside target for the next 5 days, 18500/17500.
Use a bounce to short, down sell on the breakdown.
The package news might spoil the bear setup.
Trade with caution.
I will hold my position as neutral, will avoid taking trades in the 1st of trading.
#niftybank
#banknifty
#trading
#trader
#levels
#subhag
#subhagghosh
The extended downside target for the next 5 days, 18500/17500.
Use a bounce to short, down sell on the breakdown.
The package news might spoil the bear setup.
Trade with caution.
I will hold my position as neutral, will avoid taking trades in the 1st of trading.
#niftybank
#banknifty
#trading
#trader
#levels
#subhag
#subhagghosh
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.