Downtrend BNF failed to break & hold resistance of 21760. Forming reversal pattern. For some time may go to consolidation but expecting rapid downtrend Target 1: 21400 Target 2: 21200 Target 3: 21000 (Strong Support) expect reversal around it
Trade active
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First Target Reached 21400
Trade closed manually
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As BANknifty U turned from first target ... It may travel in channel & will make new highs in coming days ... Very first rule of trading: follow the trend, trend is your friend