BankNkifty - Breakout post consolidation. Target 19250-19300

102 2
As mentioned in the previous posts as well, BankNkifty is looking strong. It has given a breakout post consolidation in the range of 18800-18970. Target 19250-19300. Keep stop loss at 18800 spot. for Intraday SL 50-60 points keep trailing and ride the rally.
Comment: This chart is delayed not showing the breakout but price has closed above last week's high or the consolidation channel on 15 min chart.
Comment: Confirmation on the hourly chart.
Comment: Panic buying might take BankNifty to 19250 today itself in the last one hour.
So the Bank nifty will go up today upto 19200? what should be the stop loss now.
Boult2100 venkaticr
@venkaticr, BankNifty may or may not go upto 19250-300 today but it is the next logical target. SL For positional traders 18850 BN fut, for intraday 18990 or 50 points from the top trailing.
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out