TraderRahulPal

Buy Banknifty from this level BTST

Long
NSE:BANKNIFTY   Nifty Bank Index
banknifty has taken support,,this is the best level to buy in bottom, so buy from here 41570 and keep stop loss 41450 and target 41800/41900/42000.... MACD showing bullish crossover in 15 mints, and this has given inverse head and shoulder breakout in 5 mints.,. so i am expecting a good move and this can lead Banknifty towards 41800+,..this could be little risky trade as today global market looking bearish, but according to data and price action indian market looking bullish,,,so please use proper stop loss..chances are high that in next half we can go towards 42000+

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Thankyou.
Trade closed: target reached:
Awesome rally in banknifty perfect level,,entry, target and stop loss all perfect. guy's by the way i am sorry i wrongly written on chart abt stop loss,,anyway i have written in description that stop loss 41450,,well bank nifty has taken U turn from 41459 level...our buying price was 41570,,we almost eaten 200+ points.. bank nifty made high near to our target, our target was 41800..almost target done.

Guy's if you like my work please do not forget to like, follow and comment your thoughts.
Thankyou

Best Regards,
Rahul Pal
(Full Time Trader & Investor)

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