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
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at 20275 on 2/9/17
Comment
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target 1 and 2 reached.
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Use trailing stoploss to protect your profit. Exit @ 20330
Trade closed manually
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@ 20330
Comments
SadikShaik
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Stop loss hit. sell side target ?
vanathi
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@SadikShaik, Always use trailing stop to protect your profit. Stop loss hit doesnt mean it will go for sell.
vanathi
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@SadikShaik, See the hidden divergence. Thats why I didnt tell downside target.