pranay112

BANK NIFTY NEAR WEEKLY RESISTANCE

Short
NSE:BANKNIFTY   NIFTY BANK
In weekly chart of bank nifty the resistance line can give some shorting opportunity. Find 'M" pattern on lower time frame i.e. 1hour, 30 min , below the resistance trend line .
Place the strict Stop loss above the trend line . Please make sure to hit LIKE the idea.


Comment: for intraday sell 30100 ce @305 sl@340 tgt@230
Comment: order executed @305
Comment: SL saved by 4 points. now you can trail your SL to 330
Trade closed: target reached: booked 71 points, rs1800 per lot
Comment: made low of 180, more than 125 points. hit like if you traded .