Also, check out our daily performance on the top 10 highly profitable stocks shared in our blog. We achieved 122 points intraday. Click on the following link:https://gicatrademaniac.graphy.com/blog/intraday-stock-view-for-08-08-2023

Banknifty Prediction-09-08-2023

  Before the market opens, our prediction is that Banknifty futures may open near 45300 and may fall from that level. One can take entry near 45300 below vwap with price action and a SL of 50 points. If Banknifty breaks yesterday's low, then one can also enter the trade. If it opens flat and falls from there, then one can enter into a sell trade after breaking yesterday's low. Learn how trends can be known much before and how patterns work in live markets with Bank Nifty's live WhatsApp broadcast and Telegram alert.

Based on our analysis, it's anticipated that Bank Nifty futures might open around the 45300 level, followed by a potential decline from that point. For trading opportunities, one could consider an entry near 45300, below the Volume Weighted Average Price (VWAP), using price action as a guide. It's recommended to set a Stop Loss (SL) at 50 points to manage risk effectively. In the scenario where Bank Nifty futures breach yesterday's low, this could also serve as an entry point. In case the market opens flat and subsequently experiences a downturn, a potential sell-trade opportunity arises after breaking yesterday's low. Our training emphasizes understanding how to identify trends ahead of time and effectively leverage patterns in real-time trading situations. Stay well-informed through our live Bank Nifty updates shared via both WhatsApp broadcasts and Telegram alerts. These real-time alerts provide insights into ongoing trends and patterns, aiding in making informed trading decisions. Should you have any uncertainties, our team is readily available to assist and clarify doubts. Always remember that trading carries inherent risks, and it's essential to be well-prepared and mindful of market dynamics when executing strategies.

Got questions? Doubts? Fret not, our team is like a beacon, ready to guide you through.Trading isn't a smooth ride on calm waters – it's a bit of a wild adventure. Always be ready, and remember, every trade comes with its own set of risks. So, brace yourself, get clued in, and let's navigate these trading waters smartly.

 *******************************************************************************   Disclaimer:-I'm not a SEBI registered analyst. The chart is shared only for educational purposes.

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