viks.gupta9894
Short

19 Jun 2017: Banknifty

NSE:BANKNIFTY   NIFTY BANK
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2
133 5
13 Jun 2017
Bank nifty has been breakdown recent low, might be start the downtrend.

Level 23200-22900, here is one swing high possibility approximate target 23477-23570, watch for pullback or pullback breakout above 23650 then make new high instead down trend confirm


Divergence: 1 hrs , 4hrs, Daily

Trend up but MACD down, so i will wait & short from pullback 23650-620, (Risk reward ratio: 3:1, 1 lot Short between Rejection Area after confirmation 2 lot short 23350) with strict stop loss.

52 Week High-Low: 26708 - 16946

19 Jun: Today high 23615
Trade active: Short entry @ 23620-650, 1 lot , this is spot price.
Trade active: Again short 1 lot 23770-820
Trade closed manually: Take first trade entry profit 23450-23530, if pullback will take short again cmp 23520
Trade closed manually: book profit at 23575-620 which is short at 23770.
nice
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OKay
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Is the Call still open? Is it Positional?
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@suryaraj, Call active from today 23615-23650, entry with partial qty
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@suryaraj, positional target 23170-22700. Use strict sl 3:1 i.e 450 (target from entry price):150 (sl from entry price)
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