Nifty Bank IndexLong
BANKNIFTY READYING FOR RETRACEMENT
Updated
34000 Will Act as Strong support Zone
Retracement till .38 or .5 Fib level will be a healthy retracement for further downward movement
BNF has been trading in Range and With volatility for last 2 Trading sessions
Which makes it high probable trade on long side with directional move till gap filling
Idea invalid Below 34150
Retracement till .38 or .5 Fib level will be a healthy retracement for further downward movement
BNF has been trading in Range and With volatility for last 2 Trading sessions
Which makes it high probable trade on long side with directional move till gap filling
Idea invalid Below 34150
Trade active
About to get ActivatedTrade active
In right Direction but Very slow Momentum!!Trade closed: target reached
1st Target Done....Will Close the trade as momentum is slow and Remember Major Trend is Downward
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