Bank Nifty Trading Strategy
Bank Nifty has important psychological support at 17000 levels which if broken means we can see 16500 or 16000 marks and sustain above the 17000 mark means that during the week we can see the recovery to the levels of 17500,18000,18326,18600,19241 levels.Last week we saw that RBI governor address played spoilsport as his announcement of the extension of EMI payment moratorium means banks have no income and thus all major banking stocks went down and with the main ship Bank Nifty also tanked.
However, we are happy to note that our Bank Nifty Option Tips subscribers were able to make more money during the week as we had envisaged these developments well in time and traded accordingly to close the week with more than 1672 points spread over last 5 trading days.
Have a look at Bank Nifty chart for the forthcoming week ending 01 June 2020
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
