STtraderr

BankNifty at demand zone

Long
NSE:BANKNIFTY   NIFTY BANK
BankNifty is nearing demand zone of
30850-30900
I expect a bounce from here till 32000
Currently market is very volatile so better you mix your
strategy as well, with my view
SL will be big at 30500 but still I feel it has potential to move till 32000-32200
Comment: Bought Feb Future at 31000 when spot at 30850
lets see
Trade active: Today booked half lots at 31250
Thats gain of 250 points
Comment: Update:
Booked more at 31500 today
Profit: 10000 per lot
(BNF Feb, buy was at 31000 when spot at 30850)
Trade closed: stop reached: Trailing SL of 31000 in Feb series reached and i exited

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