Banknifty Long possiblity ! Long

Nifty Bank IndexNSE

Description

⋅ Jan 23, 2017 9:13 AM

Simple Classical principal that previous Resistance once broken works as a support we can watch the area for a potential long trade in Banknifty. RSI reading in overbought Zone is endorsing the view.

Trade closed: target reached

⋅ Jan 25, 2017 4:14 AM

Closed with decent profit.