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Nifty Bank Index
Updated

A descending triangle breakout!!! Bearish Banknifty

164
So we have a descending triangle breakout here! Go for the sell Target 21650 S.L 22050. If you're an options buyer buy the nearest PE here!

For educational purposes only!!! Trade at your own risk!
Note
Buy order 21800 PE at 400
Trade active
Futures trade active taken at 21900!
Note
Option SL hit at 350
Note
Triangle invalidated for a large move. Was just a 100 point trade!
Trade closed manually
MujeebKhanFDA
BANKNIFTYbankniftyfuturebankniftyoptionsbankniftytradesetupbankniftytradingbankniftytrendChart Patterns

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BANKNIFTYbankniftyfuturebankniftyoptionsbankniftytradesetupbankniftytradingbankniftytrendChart Patterns
MujeebKhanFDA

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.