Nifty Bank Index

BankNifty Trade setup Idea for 14 September, 2022

124
Based on the global data, the market is expected to gap down massively.

Since SGX nifty shows a 300 point drop, I expect the market to open around the 40000 levels and hold that range. There might be some volatility in that range.

Since FII is still buying, I wouldnt be so worried. This is infact a healty correction, considering the contineous green candles for the last couple of days.

My plan: I would wait for the first 15 mins candle to close and then take a call based on that to show me the direction.

The first 5 minutes is going to be crazy where the retail investors get into a panic and could start selling.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。