Nifty Bank IndexLong
Bank Nifty Trading Strategy for 30th June'2020
As previously stated for the last 4 days, the wave structure is not damaged and is intact for the last 3 days, decisive big move either side is on card:-
Upside target of Wave 5:-
61.8% 23,420.72
100% 24,009
138.2% 24,597.28
The whole structure will get damaged below 20,929
Decision Range [ 21,455-21,330], during market hours, try to keep the focus on the zone of confluence, where bull vs bears will have a fierce battle.
If the trend line is broken, you know the target, that's on the chart.
I wish you all a happy trading.
Trading is all about making money and nothing else. Trade what you see, not what you think, trade the market, not the forecast, happy trading🤹
Upside target of Wave 5:-
61.8% 23,420.72
100% 24,009
138.2% 24,597.28
The whole structure will get damaged below 20,929
Decision Range [ 21,455-21,330], during market hours, try to keep the focus on the zone of confluence, where bull vs bears will have a fierce battle.
If the trend line is broken, you know the target, that's on the chart.
I wish you all a happy trading.
Trading is all about making money and nothing else. Trade what you see, not what you think, trade the market, not the forecast, happy trading🤹
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.