Description
⋅ 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)
Comment
⋅ SPOT 17900, booking 50% profits here.
Comment
⋅ Trailing Stop at 17625 for remaining 50%
Trade closed: target reached
⋅ Closing Positions being conservative at SPOT 18150
Comment
⋅ Target of 18250 achieved too!