raj3elite

Will Bank Nifty follow the Nifty way to fill the existing GAP ?

Short
NSE:BANKNIFTY   NIFTY BANK
Will Bank Nifty follow the Nifty way to fill the existing GAP ? If yes, then bear will takeover the Bank Nifty also.

Trade:
Short below = 18797
Target 1 = 18709
Target 2 = 18552
Target 3 = 18440
Stop Loss = 19002

Reward Points = 540
Risk Points = 205
Order cancelled

Comments

BN, hard 2 breach 19000 level @ closing basis..
+1 Reply
can we go short if market opens positively on Monday morning but below 19000? 18976 touched thrice. Closed 18946. Your views please.
Reply
raj3elite venkaticr
@venkaticr, please wait until to touch 18797 level for short. i hope, it will break on coming days.
Reply
ajayww2 raj3elite
@raj3elite,



At current market scenario I also think nifty can break the resistance zone.
+1 Reply
raj3elite ajayww2
@ajayww2, me too had the thought but last two days movement was not good. I feel, Retracement may happen on this time and fill the gap.
Reply
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