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vanathi

Bank Nifty - Long!

Long
NIFTY BANK (NSE:BANKNIFTY)  
vanathi  
NSE:BANKNIFTY   NIFTY BANK
204 views
12
6
After taking support at 20200 banknifty is showing its strength with the strong bounce. Can go long in bank nifty above 20200 with stoploss 20150. Targets are 20320, 20380, 20420.
Trade active: at 20275 on 2/9/17
Comment: target 1 and 2 reached.
Comment: Use trailing stoploss to protect your profit. Exit @ 20330
snapshot
Trade closed manually: @ 20330
Success Log.For live maket analysis follow me in telegram. https://t.me/Analysis4Newbie
To learn about system trading, https://neomechanicaltrader.home.blog/

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Comments

SadikShaik
Stop loss hit. sell side target ?
Reply
vanathi SadikShaik
@SadikShaik, Always use trailing stop to protect your profit. Stop loss hit doesnt mean it will go for sell.
Reply
vanathi SadikShaik
@SadikShaik, See the hidden divergence. Thats why I didnt tell downside target.
snapshot
Reply
vanathi vanathi
@vanathi,
snapshot
Reply
arungcteee06
That fast !!! Superb Mam
Reply
vanathi arungcteee06
@arungcteee06, Thank you.
Reply
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