Skip to main content

Bank Nifty Daily Trading Strategy

Daily Trading Strategies                                                                                                                                                                             14/02/2017
Daily Level
                Bank Nifty
R3- 20392

   Buy    

Buy above 20285 with Target-20332/20392 with Stop Loss-20260.




Note: If open price is below 20285 than order is activated 
R2- 20332
R1-20285
Resistances
Support

     Sell

Sell Below 20141 with Target- 20093/20033 with Stop Loss-20166.



Note: If open price is above 20141 than order is activated 
S1- 20141
S2- 20093
S3- 20033

Comments

Popular posts from this blog

Hindalco Outlook: Trend reversal candle Doji on top

Hindalco is trading almost near life time high where we can see a Doji and Doji  star formation with a confirmation candle, Doji and Doji Star are completely a reversal signal for short period of time and voulme  also decline for past two weeks (low demand on top).  If stock open on Monday near Friday close or below and able to break 213.25, this reversal trend will continued,  Try to apply this strategy with volume below 213.25 and immediate support levels are on 210.35/207.30 and strong support 205.20 level and resistance levels are 216/220.20/224.80