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Nifty Bank Index
Short
Updated

BANKNIFTY at resistance

352
AS per the analysis BANKNIFTY could fall from 25450-25520 zone between 1:15 PM-3:15PM today (12 Oct)

T1: 24860
T2: 24710
T3: 24250

SL: 25730
Trade active
the 1:15 candle made a high of 25459.10 so far
Trade active
At 3:05 it gave us one more opportunity to short by making a high of 25488.30
Note
Conservative traders can book partial profit at current level of 25150 (300 points profit) and move SL to cost
Trade active
Trade closed: stop reached
Conservative traders got a chance to book 300 pts profit and exited with minor profit. However aggressive traders had to book loss
k314
BANKNIFTYChart PatternsTechnical IndicatorsTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BANKNIFTYChart PatternsTechnical IndicatorsTrend Analysis
k314

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.