#BankNifty Trading Strategy for 18th Dec'2020
Decision Zone:- 30,785 - 30,825
Smaller Range:- 30,640 - 30,980
Medium Range:- 30,495 - 31,115
Larger Range:- 29,654 - 31,450
Upper Targets: 30,980/ 31,092 / 31,243 / 31,450
Lower Targets: 30, 661 / 30,567 / 30, 481 / 30,358 / 30,202
A rising wedge is not a good sign and the pattern is almost complete.
Like the famous economist, 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.
Try to read the market in context to the larger picture:-
Decision Zone:- 30,785 - 30,825
Smaller Range:- 30,640 - 30,980
Medium Range:- 30,495 - 31,115
Larger Range:- 29,654 - 31,450
Upper Targets: 30,980/ 31,092 / 31,243 / 31,450
Lower Targets: 30, 661 / 30,567 / 30, 481 / 30,358 / 30,202
A rising wedge is not a good sign and the pattern is almost complete.
Like the famous economist, 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.
Try to read the market in context to the larger picture:-
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