TradingView
subhagghosh
17 mars 2021 11:44

#banknifty analysis for 18th Mar:- Expiry Special 

Nifty Bank IndexNSE

Description

#banknifty analysis for 18th Mar:- Expiry Special

Decision Zone :- 34,550 above positive & below negative.

Important points on chart:- 34,835 / 35,100

I won't short this market tomorrow, even if the price goes down, will better avoid trading on an oversold market.

One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.

E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.

John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.

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.

Regards,
SG
Commentaires
federalOil8875
sir ji trading above 34550,go long with strict sl in place?.
Poison_1907
Not sure if oversold is the right word, overbought could be though :)
subhagghosh
will post
Rajanaveen
@subhagghosh thank you sir 🙏
lakhanijayesh5
Good sir 👌👌👌
Rajanaveen
tomorrow analasys chart sir
subhagghosh
life line
subhagghosh
Decision Point on my chart is line line, 34550 line infact saved me, to exit long position.
Future_Trading
too good sharing idea👍👍
federalOil8875
fails stop loss triggered
Plus