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Pondy_Traders

Banknifty trade setup for Jan 5 expiry

Long
Nifty Bank Index (NSE:BANKNIFTY)  
Pondy_Traders Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY bankniftytrend expirystrategy NIFTY nifty50 bankniftyanalysis bankniftytradesetup
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trendanalysis chartpattern banknifty bankniftytrend expirystrategy nifty nifty50 bankniftyanalysis bankniftytradesetup
Consolidating near 43400 levels for somedays now. Any closing in 1HR above 43500 will provide a rally upto 44000-44150

Post-entry, can keep SL of any closing in 1HR below 43300.

43200 CE @ 380-390, Should have a good value if the setup is triggered
Order cancelled:
Rising wedge is broken on the lower side. CE didn't get triggered.
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