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
also price broke the trend line .
immediate support / target is 23314
fib retracement support at 23340 (38.2)
weekly view
psu bank index
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
book part profit
Comment:
put at 36
from 112 to 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
112 to 3.5
Trade closed: target reached
KA