Nifty Bank Index

Bank Nifty Trading Strategy for 12th May'2020.

319
Levels on Chart, the breakdown has happened, need to wait at 1st hour to take any trade.

The extended downside target for the next 5 days, 18500/17500.

Use a bounce to short, down sell on the breakdown.

The package news might spoil the bear setup.

Trade with caution.

I will hold my position as neutral, will avoid taking trades in the 1st of trading.


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