Bank nifty looks good for positional short, as its forming inverted C&H on hourly chart. CMP-30680, looking for targets of 30200, 30000 & 29800 with stop-loss of 30875
Trade active:
Target 2 hit and made a low of 29915 today.. Expecting a small reversal from here and then to hit the final target of 29800.
Trade closed: target reached:
All 3 targets reached.. Trade closed.