NSE:BANKNIFTY   NIFTY BANK
348 3 14
on daily chart index has formed shooting star and gave confirmation next day with long bearish candle.
also price broke the trend line .
immediate support / target is 23314
fib retracement support at 23340 (38.2)

weekly view

weekly shooting star formed at top.
psu             bank index

strategy-
sell on bounce sl 23750 for 23000 and below levels
Comment:
fisrt target of retracement level achieved
Comment:
Trade closed: target reached: book profit
Comment: BANKNIFTY PUT OF 23000 AT 112 can be shorted for target 1 sl 150
Comment: put at 80 sl revised at 100
Comment: put at 61
book part profit
Comment: put at 36
from 112 to 36
Comment:
Comment: put from 112 to 20 , 19 more to go
Comment: put at 3 .5 can book full profit
112 to 3.5
Trade closed: target reached
simple and awesome bro
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analyst ki jai ho
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Constructive Bro
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