LONG TRADE IN BANKNIFTY INDEX

LONG TRADE IN BANKNIFTY INDEX

NOTE:-
-THIS TRADE IS CONTRARIAN VIEW
-TRADE WITH CAUTION

VIEW:-
-INDEX IS TESTING ITS 21-EMA AFTER A LONG TIME EXPECT A REBOUND
-200-BAR EMA ON HOURLY CHART IS TAGGING ALONG WITH CRUCIAL RETRACEMENT LEVEL

TRADING VIEW
ACC.TO SPOT LEVELS
BUY@31300
STOP@31050
TARGET 1@31600
TARGET 2@31750
LOT:20
QTY:5

Trade active:

BAKNIFTY LONGS TAKEN @31270(SPOT LEVELS)
OPTION POSITION CAN BE TAKEN TO RIDE VOLATILITY AND IS LESS RISKIER

Trade active:

tested support hold on!!

Trade closed: target reached:

1ST TARGET AND 2ND TARGET ALMOST THERE CLOSING ALL LONGS