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