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NileshChavan

Banknifty Sellers are in Control

Short
Nifty Bank Index (NSE:BANKNIFTY)  
NileshChavan Updated   
NSE:BANKNIFTY   Nifty Bank Index
Technical Indicators Harmonic Patterns Chart Patterns BANKNIFTY bankniftytrend bankniftylong bankniftyshort bankniftytrading bankniftytradesetup bankniftyoptions bankniftyexpiry
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indicator harmonicpatterns chartpattern banknifty bankniftytrend bankniftylong bankniftyshort bankniftytrading bankniftytradesetup bankniftyoptions bankniftyexpiry
Banknifty Sell Near 30700-30750
Stoploss 31000 Target 30000-29800
Reasons For Trade- 1. Daily Trend Is down
2.Price moving in 15 minute channel
3.Bearish candlstick pattern formed near important support
4. Price has taken strong resistance of 200+50 days EMA on Hourly Chart
5. Risk Reward ratio is 1:2
Comment:
trade missed by 12 points

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