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Niftbank

Nifty Bank Key Support & Resistance for 20th Sept 2021 Bank nifty may remain Volatile or range bound for 20th Sept 2021 Key Support Zones 1st Support Zone 37712 to 37619 2nd Support zone 37452 to 37323 Key Resistance is 38256 Targets Long 1st Target till 38286 ( 107 Points) 2nd Target 38600 incase of short covering rally Short targets are till support zones and incase of short covering on Put side then 37000 level can be retested. Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor for before making trading decision.
NSE:BANKNIFTY
by sbkurandwad77
#banknifty Budget Special 1st Feb'2020#banknifty Budget Special 1st Feb'2020 Let's keep the thing very simple for the budget, the @vix will be very high during the budget speech hence is the vega, which won't allow the premium to drop. You need to wait till 11 AM to 1 PM, to VIX to be crash, before you take my directional trade. If you are right, in cathing the direction, it's can multiply the account on budget, The decision line is 30,660 above the bias is positive and below it's negative. The broader range is 30,200 to 31,200 ( 1000 point range), any breach of this range you might see 600 to 1000 point over in the direction. One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade. E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't. John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve. 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. Regards, SG
NSE:BANKNIFTY
by subhagghosh
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