Bank Nifty for July 12th

11 de jul. de 2022

Hi All, I am sharing my own analysis here, I am not responsible for the trades taken based on my analysis, it can go wrong anytime, whatever trades you take, Profit is yours, at the same time, loss is also yours :)

1. Market has given a good breakout on the upside after 2 days of consolidation, also as per Bollinger Bands analysis, view is Bullish only.

2. Flat to Gap Up opening: If market can sustain above 35442 and 35546 levels, we can take long trades.

3. Gap Down opening: Market can further consolidate between 35230 and 35442

4. Also please make a note of the Trendline running in between, if the market respects the Trendline, then also we can take trades based on this Trendline

Please feel free to contact me on 9989647590 for further analysis and updates.

Quote of the day: We should only focus on 3 important points in the market

1. Cut Your Losses

2. Cut Your Losses and most important

3. Cut Your Losses

Please always think of the opposite i.e. how much will be my profit, please note loss is the only thing we can control in the market, let the market decide how much profit it wants to give it to you, but TRAIL YOUR PROFITS, always....