MohammedJunaid

BANKNIFTY: Sell @ 26450, SL 26530, TGT1@ 26305, TGT2@ 26080

Short
MohammedJunaid Updated   
NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY is unable to take out its previous high, with huge selling pressure above 26600. making it a SHORT SELL Candidate, SELL BANKNIFTY around 26450 with Stop-loss of 26305 and Target 1 at 26305 and Target 2 at 26080.
These calls are purely based on Technical analysis. Investing in these calls requires self decision or advise from a financial analyst. I am not a SEBI Registered technical analyst.
***Highly volatile counter - consult your financial advisory before investing.
Trade closed: target reached:
Target 1 Met @ 26305. Book Profits and exit the counter.
Trade closed: target reached:
Target 2 Met @ 26060

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.