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subhagghosh
Aug 3, 2021 5:01 PM

#banknfity Delta update for4th -6th Aug 

Nifty Bank IndexNSE

Description

#banknfity Delta update for4th -6th Aug

What do I see on #banknifty?

Bearish Cypher pattern getting formed and reversal point is 35,602 ( GAP - Resistance [35674.75 - 35347.05] ), which falls in GAP area and high probability of reversal.

Still have 400 odd points on upside, trade with cautious.

E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will be 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 .

Trade closed: stop reached

The price crossed the gap, the trade got closed.
Comments
MortalCobra
Mast dada
subhagghosh
#positional

34500 pe 26th Aug, buy 180 to 210

SL 145

Target 2x to 5x

3 to 7 days

#education view
nitesht12
@subhagghosh, sir kya me ek eliot chart share kru apse?
subhagghosh
nitesht12
@subhagghosh,
Sir twiter p coments me pucha h
PLZZ reply...🙏
mylsmyls
Avv.. Nice. Wonderful analysis sg👌👍
gaganmaths2009
Your analysis is unparalleled dada. Hats off 🙏🙏
DhananjayKushwaha
Eagle eye analysis
DhananjayKushwaha
Great Work Dada
vincekant
Great work SG sir
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