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dasarijit245
Nov 30, 2022 6:29 PM

Banknifty Chart Pattern Analysis Long

Nifty Bank IndexNSE

Description

Banknifty Chart Pattern Analysis
Probability is to take support near 43100
Bulish SIgnals--
1 Accesding pattern is very popular for bulish signal
2 USD INR trends Down
3 FII data-Net Purchase activity shown
Still its believe that breakout for high after taken a valid support

NSE:BANKNIFTY

    Comment

    Tomorrow is Expiry of Weekly and 1st Day of December
    Mind will conscious for trader life
    Every trader carry profit after placing and choosing their SL.

    Trade closed: target reached

    When I saw the level below 43300 cross ---Enter in the Trade for option hunting buy OTM 43000 PE @ Rs10/- with bracket order target 35/- .... hit this very soon
    I exited ... After that its very crucial market to observe and find trade
    Suggested everyone Not To Trade--There was so much risk..
    Its Happened. Many person booking lose for over trading so please avoid.
    Happily booked and store the profit
    More