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Nifty Bank Index
Short
Updated
May 21, 2021
Head & Shoulder in BNF
3
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2
2
May 21, 2021
Head and Shoulder pattern has been observed in BNF at 12:55 PM.
May 21, 2021
Trade active
50 EMA will act as an support here.
May 21, 2021
Trade closed manually
Took support of 50 EMA and bounced back towards 34000.
May 21, 2021
Note
At 50 EMA Support, Bought 34400 CE May at 310 and sold at 350. Booked 1000 Rupees profit per lot.
May 21, 2021
Note
34400 CE May reached 460 since it took support from 50 EMA.
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BANKNIFTY
Chart Patterns
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