BankNifty - Aug 8 Day Trade!

235 4
Can we say it is double top or triple bottom or simply range movement? Buy above 24980 with the stoploss of 24930. Targets are 25080, 25180 and 25260. Sell below 24880 with the stoploss of 24930. Targets are 24840, 24780 and 24700. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry for short. 4. Dont enter trade if there is no clear buy/sell signal. 5. Enter when price action breaks 15 mins high/low.
Trade active: short
Trade closed: target reached: All targets done!
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DEAR Vanathi Garu,

SHALL i take 25000 call option @ 20-25 price in bank nifty for weekly closing on thrusday.It may go up .

@siva72, I dont know options.
Looks like H & S on hourly charts topping around 25050

vanathi hotpot64
@hotpot64, Another pattern. Thank you for sharing the chart :)
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