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Tweets and threads about Price Action, Trading Strategies, Option Selling & Psychology. https://t.co/roUM2NVQcm

Sep 5, 2021, 5 tweets

#BANKNIFTY
Monthly Charts: After a long consolidation August closing was very encouraging >35600

#BANKNIFTY
Weekly Charts: Clear BO and closed >36500

#BANKNIFTY
Clear formation of Higher highs & higher lows

Hourly Charts:
Immediate support 36350-36450 zone & immediate resistance of 37100-37200 zone

BNF structure is bullish and soon we'll witness BNF touching its previous high of 37700, albeit Shakeouts along the journey

#BANKNIFTY Strategy : Aggressive Traders

Reaction points: 36200 on the lower side & 37500 on the upside is broken

Capital: 55K

RoI: 4.2% for aggressive traders

Disclaimer: Try this only if you know how to do adjustments once the level breaks

#BANKNIFTY Strategy: Moderate risk

Reaction points: 36000 on the lower side & 37700 on the upside is broken

Capital: 59K

RoI: 2.5% for moderate risk traders

Disclaimer: Try this only if you know how to do adjustments once the level breaks

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