BANKNIFTY Swing and Positional Trading Idea Short

Nifty Bank IndexNSE

Description

⋅ Sep 30, 2021 2:47 PM

Bank Nifty has broken down from a symmetrical triangle pattern and breached the previous lower swing high

2 trading opportunities arise basis tomorrow's opening.

If first 15 min Opens with a negative close can opt for option 1
If first 15 mins Opens with a positive close and follows through with a retest and breakout failure option 2 can be deployed

Good R2R in both scenarios

Trade closed: target reached

⋅ Oct 1, 2021 7:24 AM