Get started
MujeebKhanFDA

A descending triangle breakout!!! Bearish Banknifty

Nifty Bank Index (NSE:BANKNIFTY)  
MujeebKhanFDA Updated   
NSE:BANKNIFTY   Nifty Bank Index
Chart Patterns BANKNIFTY bankniftytrend bankniftytradesetup bankniftytrading bankniftyfuture bankniftyoptions
1
0
chartpattern banknifty bankniftytrend bankniftytradesetup bankniftytrading bankniftyfuture bankniftyoptions
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!
Comment:
Buy order 21800 PE at 400
Trade active:
Futures trade active taken at 21900!
Comment:
Option SL hit at 350
Comment:
Triangle invalidated for a large move. Was just a 100 point trade!
Trade closed manually
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.