Bank Nifty Trading Strategy for 17th Nov'2020
Decision Line:- 28,520
Upper targets:- 28,660/ 28,880 / 29,000 / 29,180 / 29,340 / 29,850
Lower Targets:- 28,380 / 28,180 / 28,030 / 27,830
Trend Reversal levels:- 28,520.
Elliott Wave:- Wave 4 (29,030.3 to 27,703) seems to be completed at 27,703 ( 34% of Wave 3)
Wave 5 likely in progress:-
Wave 5 is typically 61.8%, 100%, or 123.6% of wave 4 or equal to wave 1
0.618 820 28,523 (Done)
1 1327 29,030
1.23 1640 29,343
1.618 2147 29,850
Wave 1 (23613 -25773) is 2,160
Target of Wave 5:- 28,523 / 29,030 / 29,343 / 29,850
Resiatance Zone:- 29,134 - 29,385
SL for all positional long is 27,550
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.
Upper targets:- 28,660/ 28,880 / 29,000 / 29,180 / 29,340 / 29,850
Lower Targets:- 28,380 / 28,180 / 28,030 / 27,830
Trend Reversal levels:- 28,520.
Elliott Wave:- Wave 4 (29,030.3 to 27,703) seems to be completed at 27,703 ( 34% of Wave 3)
Wave 5 likely in progress:-
Wave 5 is typically 61.8%, 100%, or 123.6% of wave 4 or equal to wave 1
0.618 820 28,523 (Done)
1 1327 29,030
1.23 1640 29,343
1.618 2147 29,850
Wave 1 (23613 -25773) is 2,160
Target of Wave 5:- 28,523 / 29,030 / 29,343 / 29,850
Resiatance Zone:- 29,134 - 29,385
SL for all positional long is 27,550
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.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.