GOPISRI

Banknifty levels and targets - 11/9/2023

NSE:BANKNIFTY   Nifty Bank Index
Hello Everyone. Bank Nifty levels and targets are provided below. As we have seen a good rally for the past 3 days we might see a dip and then go up in coming few days. Plan for Ce trades at every dip and if the support level breaks with 15 minutes candle the go for PE trades. If you are not able to predict the market then follow this strategy. Wait for the first 30 minutes and then use fibonacci tool from bottom to top of these 30 minutes candles. Take CE trades above 78.6% and Pe trades below 36.20%. No trades in between these two range. Try this for few days and let me know about your trades. Keep trading simple. Mark areas where you wish to take ce and pe. Take trades if these areas are broken and in between it will be sideways.
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