Bank Nifty Trading Strategy for 14th Sep'2020

#banknifty Weekly view:-

#banknifty is in the rising channel and we are constantly taking support from lover end of channel 22,050 - 22,200.

Spending time at the lower end of the channel for the last 3 days is not a very sign for bulls.

If the previous swing low of 21,886 is broken, then the last swing low of 21,403 will be challenged followed by 21,000 levels.

If somehow 21,000 levels get broken, you won't get much time to pull out, and downsize target is 18.540.

The all the analyses will be null and void if BN crosses, 23,560.

Trade what you see, not what is felt, trading is all about making money and nothing else.

happy weekend, enjoy your time with family & friends, and stay safe.