subhagghosh

Bank Nifty Trading Strategy for 12th May'2020.

NSE:BANKNIFTY   Nifty Bank Index
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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