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.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.