PRAVEENBERAD

PRAVEENBERAD

Who knows where it is headed Just follow the trend line and Keep on scalping......... That's the Key. Hedge your positions as volatility is so high SL will Hit for sure.

PRAVEENBERAD Updated 

NSE:BANKNIFTY As of now... pure panic selling pressure is hammering and warning is stay out of all long positions till the time dust settles. Sell on every rise and take limited risk, advised keep SL in system. Don't speculate , speculation do not work in these times. Important : Keep washing your hands it will save u from COVID-19, close all positions and...

PRAVEENBERAD Updated 

While I am updating this , same time US Markets are down by 7-8% and were trading at lower circuit. Definitely this selling pressure will be pass on to Indian Markets. But good thing is we have a Holiday ahead and many things will depend on Tuesdays global scenarios. But any how Bank Nifty is preparing to touch 24000 levels. Thursday's Expiry below 25000 expected....

PRAVEENBERAD

BANK NIFTY IS IN SHORT TERM DOWN TREND AND WORLD WIDE MARKETS ARE ALSO SHEDDING 2019-2020 YEAR GAINS, THANKS TO COVID-19 VIRUS PANIC. SUPPLY CHAINS ARE EXPECTED TO BE DISRUPT AMID VIRUS SPREAD TO 80 COUNTRIES. UNTIL BNF CROSSES 30200 MARK, IT IS IN DOWN TREND FOR TIME BEING AND CAN BE SHORTED AT RESISTANT LEVELS.