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The_SharkTrader

Banknifty trade plan for 20-07-2023

Long
Nifty Bank Index (NSE:BANKNIFTY)  
The_SharkTrader Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Beyond Technical Analysis bankniftytrend banknfity BANKNIFTY bankniftytradesetup bankniftyanalysis
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trendanalysis chartpattern beyondta bankniftytrend banknfity banknifty bankniftytradesetup bankniftyanalysis
Banknifty managed to close at top of the day.

Also 2 days range has gone tighter in triangle.

Also we have expiry tomorrow, we can get good move by tomorrow or day after if not tomorrow.

RR is not suitable with current set up on chart, intraday may be we can get good buy on DIP trade.

Nifty is more clear then BN as yet.
Trade closed: target reached:
BN respected all the levels marked, and the breakout in 2nd half gave new highs to nifty. amazing day for learning and minting money.
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