Harmonicstrader

Banknifty Harmonics and price action

NSE:BANKNIFTY   Nifty Bank Index
Look for buying opportunities near green trend line support ONLY (37400-37450) with sl of 37300 for a target of 38300.

NEAR 38300-38350 AFTER SEEING ANY BEARISH CANDLE of 15 minutes go for harmonics target of 36700 . Try taking oct mid expiry 37000 put. With sl of 38500 only. Risk to reward is very much favourable.

Wait for the price to reach our levels.


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