theTradingSailor

Banknifty- Probable fall continuation

做空
NSE:BANKNIFTY   Nifty Bank Index
Banknifty (Positional)- Probable fall continuation, if Hourly candle closing below the violet trendline, the most likely it might go till 16800 or even till 15300 levels (for completion of a harmonic pattern).
Entry upon confirmation only. Candle closing below trandlin and/or rejections shown once below trendline.
Disclaimer: These are just my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
Note: All the values given are in Banknifty spot price chart. And also not this is NOT for intraday
交易开始:
Seems a good breakdown and rejection - entering short for One lot only.
SL present above 20000 spot (will change later depending on the candlestick pattern.)
评论:
Just about 800 points from our TGT price.
Entry was about 19550 Spot price, for a TGT of about 16800 - 17000 (2500+ Point Tgt) and SL 20000-20500 (about 1000 Points SL).

Present Price around 17550 that's about 2000 Points from entry.
评论:
SL trailed to 18500 spot (will be exiting if bullish strength is seen)

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