TradeInKey

BNF Positional Trade

TradeInKey Updated   
NSE:BANKNIFTY   Nifty Bank Index
BNF is trading in Very Important zone nowadays. It can go any direction from here. But the chances are continue in downside coz it has already broken 78.6 Fibo level.

Both direction of trade levels with Targets are mentioned in the chart.

Which Trade will be activate that only depends on Support Zone. If one level get Activated then other one will go invalid.

Note: 1- Trade level will only consider activated when Candle gets crossed the level and closed.
2- For Entry or Exit switch to the 1 hour Timeframe.
Comment:
As Big Gap-Down, Target 2 that became Target 1 for today, has achieved successfully.
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