BankNifty - July 21 Day Trade!

Here comes another triangle formed by banknifty . Compared to nifty banknifty is more bullish . Buy above 24260 with the stoploss of 24220. Targets are 24320, 24370 and 24420. Sell below 24200 with the stoploss of 24230. Targets are 24160, 24100 and 23060. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry for short. 4. Dont enter trade if there is no clear buy/sell signal. 5. Enter when price action breaks 15 mins high/low.
Trade active: short
Comment: Targets 1 and 2 done!
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Stop loss trigged yesterday
kishan6185 kishan6185
means today morning
vanathi kishan6185
@kishan6185, Ok!!!
kishan6185 vanathi
@vanathi, if today banknifty closing near 24250/24275 at 3:20 pm we will see fall in 3 days 23658 is main support
vanathi kishan6185
@kishan6185, How you are predicting it?
kishan6185 vanathi
@vanathi, see the day chart there may be trying to make hammer today
vanathi kishan6185
@kishan6185, right
Thank you for your valuable analysis on the banknifty every day, im following this to understand how to analyze the charts and finding it very very helpfull....thanks a ton
vanathi nravi.bangalore
@nravi.bangalore, Thank you for the support :)
Thank You for your guidance .
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