DSKF16
Long

BANKNIFTY: Intraday Hurdles & Bounce.

NSE:BANKNIFTY   NIFTY BANK
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7
BANKNIFTY: At 23310
Intraday Hurdles & Bounce.
TESTs intraday HZ #1 (23302 - 23329).
Hurdle Zone #1 23302 - 23329
Hurdle Zone #2 23492 - 23519
Trading Range 23230 - 23390 extended to 23425
(153 -160 Point, Extended to 195 point)

Bounce Zone #1 23112 - 23187
Bounce Zone #2 22924 - 22998.

Rest Levels on Chart.
Go LONG / Short as per Level.

USE LEVELS AS REFERENCE.

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Disclaimer: Only For STUDY.
For taking Trade Decision Consult Financial Advisor.
Comment: Mentioned Trading Range (Upper band) 23390
Till Now made a HIGH 23379.70 (Just 10 point Below mentioned Level)
LONG Player can take Profit / Keep SL as Level & Risk Appetite.
Comment: Some HARMONICS in 5 Min Chart.

Trade closed: target reached: Final Snap shot of BANKNIFTY 05th July 2017 Day's Movement.
Closed at 23363 & after completion
one of Harmonic Bearish SHARK pattern (in 15 Min Chart).

Comments

Good simple and effective explanation
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Thankyou..i was waiting for this post to take position
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DSKF16 samayra
@samayra, Thanks for appreciation. Try to post Earlier possibly at night.
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