Banknifty Trading Plan for 31 Jan 2022

٣١ يناير ٢٠٢٢

I won't be trading in NIFTY BANK today and probably until after the Union Budget 2022 owing to extremely high premiums in the market - an indication of extreme volatality up ahead which can put a strain on capital.

Moreover, now until the Budget Day the markets will react a lot more to news rather than price levels which will drastically reduce the effectiveness of my trading system.