rakeshreddym

BankNifty levels 44200,44000,43800 for expiry

rakeshreddym Updated   
NSE:BANKNIFTY   Nifty Bank Index
Bank nifty in range 44200 to 43800 now trading at demand zone long can good risk reward here one can look for positive price action here can go long.
Trade active:
Trade active:
Update kept stop loss at break even so far doing fine long
Comment:
Trade active:
Target 1 reached booked 60 percent running 40 percent

Trade closed: stop reached:
Stop move up for rest of the quantiy trailing stop hit exited the trade will look for another in second half.

Comment:
Another entry PE
Trade active:
Reason for short entry 43800 taken out
Trade active:
booked 80 percent at 40 points trailing swing low stop loss for rest
Trade closed: stop reached:
Exited all 2 trades done 2 profitables closing for day

Comment:
Trailing stop hit closing for day.
Comment:
Both entries bases on levels given earlier at 43800 went long support , same 43800 broke went short on it simple 2 trades 100 points for the day

Comment:
Perfet level from resistance to support it worked
Comment:
Today friday opoeining is crucial 43400 above wiht positive price action go long till 43600 and below 43400 sustains will test 43000 area.

Comment:
Gaped up with all banks doing good went long 50 points gain
Comment:
Comment:
Demand zone respected

Trade closed: target reached

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