Bank Nifty Trading Strategy for 9th Sep'2020

#banknifty OI up by 16.23% and price down by -0.87% show long unwinding & short buildups.

The last 45 min sink was due to long unwinding, which a matter of concern, as long are getting liquidated around

22850 -22650 zone.

Going forward, this zone will act as resistance.

#banknifty is the uptrend channel, trade the channel, lower end of the channel is around 22220.

Expected support area:- 22,440 +-50

Decision Zone 22,911 - 23,065

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