shiv2798
Short

Bank Nifty Short for day trading

NSE:BANKNIFTY   NIFTY BANK
79 4 5
Interesting Price action , I am looking to short Near 21480 with stop of 21525 for Target of 21345
Lets see what happens on Monday
Cheers
Trade closed: target reached: Not exactly an achievement but made 67 Points per lots
but still made my day
Cheers
Sorry for typo... Itbis RSI...
I'm expecting some retracement. If not, don't expect measure fall down
Reply
shiv2798 gopc31
@gopc31, yes there will be retracement after calculation I set the sell level , the selling short will always arrive after the rise of the market , selling order is placed once with confirmation of price action on lower level
Always remember morning 2 hours market will rise then market pause or very limited move , then after 1.30 PM start selling stocks which are week on rise
Regards
Reply
Isn't there retracement in 15m, 30m chart?
RSA is also low.
I think bears should be cautious after these signals
Reply
shiv2798 gopc31
@gopc31, sir what is RSA ? and what retracement stock will achieve from this level ? Please advice
Regards
Reply
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