EagleVision8

BankNifty possible H&S

Short
NSE:BANKNIFTY   NIFTY BANK
Earnings season for banks kickstarted.
IndusInd disappointing, looks like a good RR if the market is to be capped for the remaining month.
Trade active
Trade active: Target 1 Reached. Big red candle even after opening gap up!
Trade active: Approaching entry point once more, late entry on the cards
Book part profits at T1 if haven't already.
I have personally booked profits and plan on increasing the position to intial size + profits booked at T1. That's how you gamble your winnings and make big profits!
Trade closed manually: Book profits and exit depending upon your risk aversion and entry point.
I do not want to face expiry day volatility tomorrow and Thursday, hence closed
Trade closed: target reached: H&S breakdown success!
Trade closed manually: Active again for second entry and close to target. Same levels, same trade. It's all about good technical analysis :)

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