subhagghosh

#banknifty expiry view for 29th July'21

Short
NSE:BANKNIFTY   Nifty Bank Index
#banknifty expiry view for 29th July'21

Selling pressure will intensify below 34,373 and lower targets goes till 33,823 to 33,671.

Buying will only come above 34,956 and will post fresh view if the closure is above 34,956.

Short Term Analysis is still bearish:-
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.

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