BankNifty - Short trade is open.

Updated
BankNifty has just broken the hourly trendline. Immediate target is 20000. Short BN fut at 20200, SL 20240 Tgt 20030-50.
Comment
Boom! 70 points down in a flash.
Trade closed: stop reached
Comment
Choppy market! but still below the trendline. Will see if we can renter or if it goes above trendline then will look to go long.

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