BANKNIFTY: POTENTIAL TURN-POSSIBLE TRADE IDEA.
Hi traders,
SELL IDEA: In the chart, the price range moving around 27033.46
ADD-ON: Due to the Economic fluctuation traders don't prefer investment in trade related to developing countries. But a country like India exposes a standard development in all fields.
So, volatility of the price range is less when compared to a similar pair.
Apart from that, the candles have a high probability to form in downforce.
The index's moving start to show a downturn from the price action.
In short, call keep your stop-loss point at previous resistance to short out the huge loss. Sl@ 27279.41
In this trade, we can expect the down run up-to 25883.21
EYES ON THE CHART AND MAKE YOUR MOVE.
SIGNAL SPECIFICATION:
Pair:BANKNIFTY
Order: SELL
Entry: 27033.46
Take profit:25883.21
Stop loss: 27279.41
Risk Vs Reward: 2.11
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil
----------------------------------------------------------------------------------------
If you find it useful, hit the like and comment.
follow our updates for more profitable trades.
SELL IDEA: In the chart, the price range moving around 27033.46
ADD-ON: Due to the Economic fluctuation traders don't prefer investment in trade related to developing countries. But a country like India exposes a standard development in all fields.
So, volatility of the price range is less when compared to a similar pair.
Apart from that, the candles have a high probability to form in downforce.
The index's moving start to show a downturn from the price action.
In short, call keep your stop-loss point at previous resistance to short out the huge loss. Sl@ 27279.41
In this trade, we can expect the down run up-to 25883.21
EYES ON THE CHART AND MAKE YOUR MOVE.
SIGNAL SPECIFICATION:
Pair:BANKNIFTY
Order: SELL
Entry: 27033.46
Take profit:25883.21
Stop loss: 27279.41
Risk Vs Reward: 2.11
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil
----------------------------------------------------------------------------------------
If you find it useful, hit the like and comment.
follow our updates for more profitable trades.
Trade closed: stop reached:
