Nikhil02911

Banknifty - Short trade idea

Short
Nikhil02911 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend following with Risk reward 1:3. Interestingly risk is very less. If this SL hits. Bigger Time frame trend may resume else we may see a good downside.
Trade closed: target reached:
Target reached. I like taking short trades more than long trades due to fast momentum. Downside momentum is always faster than upside. This is my observation.
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