๐ I am tracking the BANKNIFTY since long back โคผ. I have found that BANKNIFTY follow the specific โคณ pathways which is โ unique โ. The pattern is clearly given on the chart ๐ป.
๐ The Levels are: For Long: Entry: โ 32380 SL: โข 31700 Target: โ 33000/33600/34200
โ Please comment โ your opinion, view and ask your queries in the comment โจ section.
โ For more, you can check out my previous BANKNIFTY studies ๐ as well.
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Thank you โ. Happy Trading โบ!!!
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โฌ Disclaimer โฌ -------------------------------------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individualโs trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ---------------------------------------------------------
The entry level and Stoploss are really have huge gap in your analysis, try to give one more opinion with minimum stoploss levels
Profitable_Traders
โ
@MONTYRONAD, Hello sir, In long side, Target points are 1820 with SL points 680, RR 1:2.7 and in short side Target points are 1700 with SL points 700, RR 2.5. This is positional/swing trading analysis.
For Long:
Entry: โ 32380
SL: โข 31700
Target: โ 33000/33600/34200
For Short:
Entry: โ 30400
SL: โข 31100
Target: โฌ 29900/29400/28700