Bank Nifty Trading Strategy for 26th June'2020
Daily chart Doji formation:- High 21700 Low 20929 [ Simple trade, trade the doji]
The wave structure is not damaged and is intact:-
Upside target of Wave 5:-
61.8% 23,420.72
100% 24,009
138.2% 24,597.28
I am amazed to see almost 99% of yesterday' s analysis either on trading view or youtube, all were bearish for this expiry. I was only few of those who have given the long recommendations and predicted the reversal zone 20,961-20,868 and BN low was 20,929 - Bang On.
I am not touching the decision zone today.
The whole structure will get damaged below 20,929(today's low), you can initiate short with DOJI high (21700) as SL.
I wish you all a happy trading.
Trading is all about making money and nothing else. Trade what you see, not what you think, trade the market, not the forecast, happy trading🤹.
The wave structure is not damaged and is intact:-
Upside target of Wave 5:-
61.8% 23,420.72
100% 24,009
138.2% 24,597.28
I am amazed to see almost 99% of yesterday' s analysis either on trading view or youtube, all were bearish for this expiry. I was only few of those who have given the long recommendations and predicted the reversal zone 20,961-20,868 and BN low was 20,929 - Bang On.
I am not touching the decision zone today.
The whole structure will get damaged below 20,929(today's low), you can initiate short with DOJI high (21700) as SL.
I wish you all a happy trading.
Trading is all about making money and nothing else. Trade what you see, not what you think, trade the market, not the forecast, happy trading🤹.
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