Bank Nifty - Might come down
Updated
Study:-
PCR - ~ 1.01
Call writer has built short position.
Double top observed in 1 hr TF. Has broken the trendline. Today Closed below 20/50 DEMA.
If there is a GAP UP tomorrow then this might work. If flat open or gap down then probability increases to reach the target.
** This chart is only for educational purpose.
PCR - ~ 1.01
Call writer has built short position.
Double top observed in 1 hr TF. Has broken the trendline. Today Closed below 20/50 DEMA.
If there is a GAP UP tomorrow then this might work. If flat open or gap down then probability increases to reach the target.
** This chart is only for educational purpose.
Trade closed: stop reached
View Negated as it has given a bullish candle close above trend line.
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