praveen.bhatiya

Bearish Bat/Harami small risk Trade

Short
praveen.bhatiya Updated   
NSE:BANKNIFTY   Nifty Bank Index
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
Comment:
Trade is doing very well more than 500 pts prifi so far.
Trade closed manually:
Closed with decent profit.

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