2-scenario on BANKNIFTY, Which one is for you?

Jun 18, 2019

I have plotted here 2-scenario where BANKNIFTY can move beside.

What are the points to confirm the direct?
The following points should be considered while taking action.

• find the where are low risk (stop loss) and higher target
  
• down-side more preferable to keep our trades presently.
  
• control price will give you hit and more accuracy to trade here.
  etc.
  

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Jun 18, 2019

Note

As expected downward move started by NIFTY and bank nifty. For short selling should keep stop loss as today high.

Jun 18, 2019

Note

Exactly, Nifty started to fall. :)

Jun 18, 2019

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