IIT-Trader

BANKNIFTY--Rally Base Rally ??

IIT-Trader Updated   
NSE:BANKNIFTY   Nifty Bank Index
No sign of bearishness is observed...
in smaller time frames observed a drop base drop...
if tomorrow is again bullish...will observe a liquidity will be done 45200 levels...
keep safe ... will see in the next session what happens..
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Comment:
wait before long...
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it is at resistance...It gives us pullback or complete reversal may happens...
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After filling the gap if price is not able to break high...will go short side...
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enter short on break
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Risky ones wait until the gap be finished...for further move.
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SL is must...
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Risk ones exit if price breaks trendline.
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change your stoploss
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Risk ones exit....
Trade closed: target reached:
Target 1 done
Comment:
Keep exit few @44570, yesterday strong bearish momentum happens....
remaining until sl hits.
Comment:
Trade closed: target reached:
2nd target also done...
Comment:
enter short again
Trade closed: target reached:
1st trade 3rd target hit
2nd trade 1st target hit
Comment:
Bullish Gap finished...
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Keep safe guys...2nd trade is critical...may hit our stoploss and returns back...will see tomorrow if stoploss hits...
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Safe ones exit from 2nd trade...
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Keep your stoploss to entry point....
Trade closed: target reached:
2nd trade 2nd target hit....
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Keep your 3rd target at 44430
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2nd trade 3rd target also hits...
Trade closed manually
Comment:
Will see in the next session what happens...Done for the day...

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