Nifty Bank Index
Short
Updated

Bearish Bat/Harami small risk Trade

677
Index is forming the Bearish Bat pattern and last 2 bars has formed bearish Harami pattern suggesting a potential shift from prevailing bullish trend. One can attempt a short trade here if it trades below 26650 on Monday by providing suitable SL. One can also develop suitable option strategies as the options of every strike are available and active.

Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Trade active
Note
Trade is doing very well more than 500 pts prifi so far.
Trade closed manually
Closed with decent profit.

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