#BankNifty formed a Doji on the daily chart, people are confused either to go long or short.
I kept on posting on social media, not to trade today as the #banknifty spend the whole day in the yellow zone.
I keep my view for Monday as intact that of today.
Bearish Shark formation target 1 is already done at 0.78 to .62 i.e. 22,672-22,320
Target 2, I won't share right now, let's us get some pullback and then I will post the target 2.
Correction Waves Details:-
Wave A : - 23,112 to 21,615.
Wave B : - 21,615 to 22,363 ( exact 50% of the wave A)
Wave C : - 22,363 to ------ (21,438 (Achieved) / 21,329 / 21,241 / 21,152 can be anyone)
Decision Zone:- Above +ve & Below Negative.
I don't pay much attention to monthly expiry day candles, as there is FNO adjustment. The market is still in the range of 21k to 23k.
Please don't take a strong positional trade, until this consolidation range is broken.
I have posted a separate positional strategy as a separate idea yesterday, which is still valid.
I kept on posting on social media, not to trade today as the #banknifty spend the whole day in the yellow zone.
I keep my view for Monday as intact that of today.
Bearish Shark formation target 1 is already done at 0.78 to .62 i.e. 22,672-22,320
Target 2, I won't share right now, let's us get some pullback and then I will post the target 2.
Correction Waves Details:-
Wave A : - 23,112 to 21,615.
Wave B : - 21,615 to 22,363 ( exact 50% of the wave A)
Wave C : - 22,363 to ------ (21,438 (Achieved) / 21,329 / 21,241 / 21,152 can be anyone)
Decision Zone:- Above +ve & Below Negative.
I don't pay much attention to monthly expiry day candles, as there is FNO adjustment. The market is still in the range of 21k to 23k.
Please don't take a strong positional trade, until this consolidation range is broken.
I have posted a separate positional strategy as a separate idea yesterday, which is still valid.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.