31th July, #banknifty short term trading stratergy
Intraday Trading Strategy:- 31th July 2020.
I don't give much weightage to monthly expiry closing, as there are FNO adjustments and little of fundamental works.
Entry Point:- Watch ADX recovering from 13-15 range & DMI+ crossing DMI- & RSI Increasing for entering trades.
Once the condition is met enter the trade.
Target:- 22,200/22,340 SL 21,342
Risk/Reward Ratio: 3.24
The next post will be a detailed analysis of the #banknifty and this is just a trading setup to trade for the next 3 days.
I don't give much weightage to monthly expiry closing, as there are FNO adjustments and little of fundamental works.
Entry Point:- Watch ADX recovering from 13-15 range & DMI+ crossing DMI- & RSI Increasing for entering trades.
Once the condition is met enter the trade.
Target:- 22,200/22,340 SL 21,342
Risk/Reward Ratio: 3.24
The next post will be a detailed analysis of the #banknifty and this is just a trading setup to trade for the next 3 days.
Note
Transaction en cours
The trade is still not activated, so will review it on Monday.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.