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this_is_shoaib
Feb 21, 2022 3:26 AM

Banknifty Intraday levels (21/02/22) 

Nifty Bank IndexNSE

Description

The world market indicates a gapdown and our market are also looking weak seeing the previous closing so trade accordingly.
A supportive trendline can be seen which can be used to go long if selling pressure comes to a halt.

All the levels are mentioned in the chart above.

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Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.

Trade closed: target reached

Sell side target hit. 200 pts captured
Buy given above the trendline 180 pts and trailing.
Godspeed
Comments
Sid_DayTrader
Great Analysis! Congratulations for the both sides movement capture.
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