BANKNIFTY GEARING FOR SHORT-COVERING
SUMMARY:-
*banknifty is test the crucial resistance of 36630-36650
*the line is marked with pink
*multiple time it has acted as support and resistance
*whenever breakout/breakdown has happened from this range we have seen big moves
*expected move is of 1500/2000 points
*this is my personal view
*breakout on the cards expect short-covering
*inverted head and shoulders break on the cards
BANKNIFTY APR FUT
BUY@36670
STOP@36270
TARGET@37000-37350-37750
*do not over trade
*manage risk and manage risk appetite
*channel trade active since morning
*check link in the signature box below
*banknifty is test the crucial resistance of 36630-36650
*the line is marked with pink
*multiple time it has acted as support and resistance
*whenever breakout/breakdown has happened from this range we have seen big moves
*expected move is of 1500/2000 points
*this is my personal view
*breakout on the cards expect short-covering
*inverted head and shoulders break on the cards
BANKNIFTY APR FUT
BUY@36670
STOP@36270
TARGET@37000-37350-37750
*do not over trade
*manage risk and manage risk appetite
*channel trade active since morning
*check link in the signature box below
Note
INVERTED PATTERN IN BANKNIFTY INDEX
INDICATING 1000 POINT PLUS MOVE
Trade closed: target reached
ALL TARGETS ACHIEVED 🙏🙏🙏
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.