Bank Nifty Trading Strategy for 24th Dec'2020
Updated
#banknifty view on 24th Nov'2020.
Decision Zone:- 29,185 - 29,104
Upper targets:- 29,324 / 29,500 / 29,785 / 30,069 / 30,245 / 30,386 / 30,528
Lower Targets:- 29,040 / 28,838 / 28,580 / 28,288/ 28,121 / 27,837
Trend Reversal levels:- 29,030.
Elliott Wave:- Wave B is complete and wave 3 is in progress and below 29,838 it will be fast you won't get a chance to exit the longs and the immediate target is 28,200 to 28,000 on cards.
SL for all positional long is 27,703
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Decision Zone:- 29,185 - 29,104
Upper targets:- 29,324 / 29,500 / 29,785 / 30,069 / 30,245 / 30,386 / 30,528
Lower Targets:- 29,040 / 28,838 / 28,580 / 28,288/ 28,121 / 27,837
Trend Reversal levels:- 29,030.
Elliott Wave:- Wave B is complete and wave 3 is in progress and below 29,838 it will be fast you won't get a chance to exit the longs and the immediate target is 28,200 to 28,000 on cards.
SL for all positional long is 27,703
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Trade closed: target reached
Upper targets:- 29,324 / 29,500 / 29,785 DONE
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