The_SharkTrader

Banknifty trade plan 17-07-2023

Long
NSE:BANKNIFTY   Nifty Bank Index
1. Price is in downtrend Channel
2. Friday closing shows probably breakout on Monday or latest by Tuesday.
3.If Price give retracement then Positional trade keeping stoploss below the support and targeting the new ATH.
4. RR 1:6+
Trade closed: target reached:
POSITIONAL TARGET REACHED IN A DAY, I STRONGLY BELIEVE IT WILL AGAIN DOUBLE FROM HERE, TRY TO CARRY PARTIALS ALONG

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