August.22 AUGUST-Series Day.18 BANKNIFTY=9269 (5)
The Expected Zone has condensed to (9200~9400) from (9200~9500) .
Current position is indicated in the chart.
Earlier BankNifty traders used to use banknifty chart ,but now there is one more chart
to use effectively it ,that is ,Dollar vs Rupee.
The Expected Zone has condensed to (9200~9400) from (9200~9500) .
HTML:
We follow the PUT and CALL windows with the boundaries, as :
DAY LOW~HIGH
================ =========
1 to 6 (FRI~FRI) 40Rs to 400Rs
7 to 11(MON~FRI) 35Rs to 350Rs
12 to 16(MON~FRI) 30Rs to 300Rs
17 to END(MON~END) 15~25Rs to 150~250RS
This is not based on ANY formula , but on just observations of last few days.
Current position is indicated in the chart.
Earlier BankNifty traders used to use banknifty chart ,but now there is one more chart
to use effectively it ,that is ,Dollar vs Rupee.