TraderRahulPal

Neat & Clean Inverted Head & Shoulder pattern seen in Banknifty

Long
NSE:BANKNIFTY   Nifty Bank Index
Guy's we have seen neat and clean Inverted head and should pattern, now chances are high we can see huge reversal from here, so if anyone wants to take trade for long can take with strict stop losses. Levels i already have marked on chart.

Since morning Market is looking bearish, in first half it has given recovery in V shape, but definitely that is unpredictable, but now it has made a proper bullish pattern, now risk and reward is favorable from here.

Guy's I have an option trade:-

take 44900 ce now at 189
keep stop loss at 112
target we can see 277/312/377/424+

Note:-
Guy's always follow strict stop loss to save your capital from unexpected market direction.

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.

just follow proper stop loss in this trade.
Comment:
Guy's guy's guy's i hope today would be good today for all of you guy's

We have captured really a best risk and reward trade.
we already have crossed first target just today only,,,our buying price was 189 and first target was 277,,,awesome
party still on...
enjoy profits
and keep supporting us in the form of likes and comments.
Thankyou all of you
Comment:

Best Regards,
Rahul Pal
(Full Time Trader & Investor)

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