Bank Nifty Trading Strategy for 4th Dec'2020
#banknifty view on 4th Dec'2020.
We are having a correction wave: Triangle, Zig Zag Contracting Triangle
Decison Zone:- 29,550 - 25,608
Resistance Zone:- 29,778 - 29,851
Upper targets:-29,710 / 29,813 / 29,920 / 30,045
Support Zone:- 29,150 - 29,223
Lower Targets:- 29,290 / 29,149 / 29,950 / 28,655 / 28,236 / 27,824
SL for all positional long is 28,800
Any crack can pull BN immediately to below 28k.
Weekly Range:-
Smaller Range:- 28,900 to 30,200
Larger Range:- 28,500 to 30,700
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
We are having a correction wave: Triangle, Zig Zag Contracting Triangle
Decison Zone:- 29,550 - 25,608
Resistance Zone:- 29,778 - 29,851
Upper targets:-29,710 / 29,813 / 29,920 / 30,045
Support Zone:- 29,150 - 29,223
Lower Targets:- 29,290 / 29,149 / 29,950 / 28,655 / 28,236 / 27,824
SL for all positional long is 28,800
Any crack can pull BN immediately to below 28k.
Weekly Range:-
Smaller Range:- 28,900 to 30,200
Larger Range:- 28,500 to 30,700
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
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