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The_RedTicker

Risk-to-Reward Play - BANKNIFTY INTRADAY for 21NOV,19

Nifty Bank Index (NSE:BANKNIFTY)  
The_RedTicker Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Beyond Technical Analysis nse nseindia nsenifty niftybank BANKNIFTY
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trendanalysis chartpattern beyondta nse nseindia nsenifty niftybank banknifty
Hello everyone. Anyone who's following Zones and have any doubts, kindly mention them in the comments below. Will try to solve as much as possible.

Check historical ideas on my profile for examples
Comment:
no trades so far
Comment:
unlike yesterday, the offset with banknifty today is higher than expected. nifty can be traded. But I am avoiding bknifty for the time being.
Comment:
cautious, BUY at Cmp with sl below zone.
Trade active:
cautious, BUY at Cmp with sl below zone

snapshot
Comment:
Sl under worse case for entry in the zone is around 10-12 points, more than 1:1 has already shown on the chart. but since its weekly expiry, iam going for atleast 1:2 or 1:3 or sl hit. May even give 1:5 or more.
Comment:
Momentarily closed below the zone, also below the trendline and now back at it. Technically, sl of 12 points hit. That's how one trade the Zones, keep playing T20 until market says 'oh, lets make it a one day'.

Showed more than 1:1 on screen before sl hit and more than 1:5 after sl hit (under worse case scenario).

snapshot
Trade closed manually
Comment:
No more trades.

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