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Expiry Special Analysis for 31th Dec'2020.#BankNifty Trading Strategy for 31st Dec'2020 (Year-end #expiry) 31,650-31,750 is a very important level, but the upside breakout of an uptrend does not sustain and fall back to the channel, if this doesn't happen on expiry, then might be in the next couple of days. I will be very cautious with my trades. Decision Zone:- 31,240 -31,360 Smaller Range:- 30,650 - 31,700 Medium Range:- 29,700 - 32,000 Upper Targets: 31,401 / 31,510 / 31,648 / 31,704 / 31,824 Lower Targets: 31,100 / 31,020 / 30,850 / 30,540 Positional short levels are apparent; it's below 31,000 closings. Supporting analysis on lower TF for better clarity:- I wish you to look forward to the upcoming year with confidence and courage, giving wings to your dreams! Live your life to the fullest extent, Happy New Year! Note:- I won't be posting the analysis for 1st Jan'2021, as I will be traveling but will try to updates the 1st Jan levels on this post's comments, so keep watching. 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
11
Bank Nifty Trading Strategy for 30th Dec'2020#BankNifty Trading Strategy for 30th Dec'2020 Longs be cautious, around 31,450 - 31,650 levels. Divergence on my oscillator and hourly RSI above 80 is very risky Decision Zone:- 31,222 - 31,360 Smaller Range:- 30,650 - 31,700 Medium Range:- 29,700 - 32,000 Upper Targets: 31,480 / 31,600 / 31,700 / 31,800 Lower Targets: 31,100 / 30,900 / 30,650 / 29,800 Lower side GAP:- 29,941.4 - 30,007.80, will act as support. 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:BANKNIFTYShort
by subhagghosh
5
Bank Nifty Trading Strategy for 29th Dec'2020#BankNifty Trading Strategy for 29th Dec'2020 Decision Zone:- 30,789 - 30,930 Smaller Range:- 30,300- 31,500 Medium Range:- 29,450 - 32,000 Upper Targets: 31,030 / 31,150 / 31,480 / 31,697 & Lower Targets: 30,625 / 30,525 / 30,350 / 30,000 Lower side GAP:- 29,941.4 - 30,007.80, will act as support. 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. For 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
5
Bank Nifty Trading Strategy for 28th Dec'2020#BankNifty Trading Strategy for 28th Dec'2020 Decision Zone:- 30,354 - 30,280 Smaller Range:- 29,950 - 31,200 Medium Range:- 29,450 - 31,480 Upper Targets: 30,525 / 30,625 / 30,850 / 30,945 / 31,480 & Lower Targets: 30,100 / 29,850 / 29,574 GAP :- 30,607 - 30,652, 78.6% of the fall is 30,523, this zone 30,600 - 30,650 will be tough to cross, if crossed, go long for higher targets. Lower side GAP:- 29,941.4 - 30,007.80, will act as support, if breached, go short for lower levels. I see Gartley or a Butterfly harmonic formation, in any case, the decision zone will take care of the trades. 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
9
Expiry Special Analysis for 24th Dec'2020.#expiry #BankNifty Trading Strategy for 24th Dec'2020 Wave 5 is completed, the First leg of correction Wave A seems to be complete and we are in Wave B of pullback. 30,345 is a significant level on the chart, the short term bearish trend changes above 30,345 Decision Zone:- 29,754 - 29,858 Smaller Range:- 29,573 - 30,045 Medium Range:- 29,236 - 30,291 Upper Targets: 29,961 / 30,042 / 30,193/ 30,291 / 30,523 Lower Targets: 29,573 / 29,441 / 29,226 Try to read the market in context to the larger picture:- 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. For 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.
NSE:BANKNIFTY
by subhagghosh
4
Bank Nifty Trading Strategy for 23rd Dec'2020#BankNifty Trading Strategy for 23rd Dec'2020 Wave 5 is completed, the First leg of correction Wave A seems to be complete and we are in Wave B of pullback. Decision Zone:- 29,343 - 29,543 Smaller Range:- 29,201 - 29,950 Medium Range:- 28,732 - 30,291 Upper Targets: 29,728 / 29,950 / 30,042 / 30,193 / 30,523 Lower Targets: 29,201 / 29,045 / 28,976 / 28,732 / 28,580 / 28,397 Try to read the market in context to the larger picture:- 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. For 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.
NSE:BANKNIFTY
by subhagghosh
1
Bank Nifty Trading Strategy for 22nd Dec'2020#BankNifty Trading Strategy for 22nd Dec'2020 Wave 5 is completed, First leg of correction Wave A is in progress. Decision Zone:- 29,484 - 29,577 Smaller Range:- 28,923 - 29,980 Medium Range:- 28,580 - 30,202 Upper Targets: 29,763 / 29,980 / 30,180 / 30,291 Lower Targets: 29,201 / 29,086 / 28,941 / 28,580 / 28,397 Try to read the market in context to the larger picture:- 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. For 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.
NSE:BANKNIFTY
by subhagghosh
3