Bank Nifty Trading Strategy for 8th Sep'2020
#banknifty OI up by 5.29% and price down by -0.2% show neutral setup.
The last 30 min rally was due to short covering, where 6,968 #banknifty future positions were closed.
So we should not read too much into the last 30 min rally to be trend or game-changer, the trend is still weak.
#banknifty is the uptrend channel, trade the channel.
Decision Zone 23,211 - 23,112
Trade what you see not what you feel, trading is all about making money nothing else.
The last 30 min rally was due to short covering, where 6,968 #banknifty future positions were closed.
So we should not read too much into the last 30 min rally to be trend or game-changer, the trend is still weak.
#banknifty is the uptrend channel, trade the channel.
Decision Zone 23,211 - 23,112
Trade what you see not what you feel, trading is all about making money nothing else.
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.