Nifty Bank Index

Long

BankNifty may retest 18250 to 18950 levels before it's action

By inspire_Chethan

Updated

BankNifty may retest 18250 to 18950 23% - 38% Fibonacci retracement levels before it's further course. Chart explains everything.

Can go long.

Entry : CMP

Stop Loss : 17250 (SPOT)

Target 1 : 18250 (SPOT)

Target 2: 18900 (SPOT)

Note

SPOT 17900, booking 50% profits here.

Note

Trailing Stop at 17625 for remaining 50%

Trade closed: target reached

Closing Positions being conservative at SPOT 18150

Note

Target of 18250 achieved too!

inspire_Chethan

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