rakeshreddym

Bank Nifty for All time high ?

Long
rakeshreddym Updated   
NSE:BANKNIFTY   Nifty Bank Index
Banknifty nicely moving up with bullish flag and pole pattern going by this one can wait for the dip to 43050 level or 42850-42900 area with positive price action take long position.

If day highs breaks wait for any confirmation candle to go long.
Comment:
Wait for 42300 area or 43080 area to long with positive price action, at current level rr is not good.
Comment:
Wait for 43300 area or 43080 area to long with positive price action, at current level rr is not good.
Comment:
Though it opened gap down that level is where it broke previously with big green cand and previously resistance now support wait for 30 mins for positive price action then go long.

Comment:
one can go long at current level testing the low again stop loss day low low rish high reward
Comment:
Comment:
Almost 200 points went up after my call on current level to go long 43140 area to 43350

Comment:
for expiry previous day levels day high and day low levels are important

Comment:
As previous day above long trigered rest is in front of you.
Comment:
watch out 43000 level if breaks 42800 will next target

Comment:
Magic

Comment:
Dont short anymore near support area not good risk reward here 42800 42900 area do not fresh shorting here
Comment:
this is crazy no stopping

Comment:
43478 above go long targt till 43750 43790 and 43175 below go short till 43030


Use fib levels for higher targets levels
Comment:
43478 area did not sustained to go long over it, now keep on eye 43200 to 43250 area for positive price action to go long target 43500
Comment:
Trade closed: target reached

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