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Swapilchoksi

Bank Nifty CLosed below its Major Demand Zone

Short
Nifty Bank Index (NSE:BANKNIFTY)  
Swapilchoksi Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY bankniftytrend bankniftytrading bankniftytradesetup bankniftyshort Supply Zone supply_and_demand
3
0
trendanalysis chartpattern banknifty bankniftytrend bankniftytrading bankniftytradesetup bankniftyshort supplyzone supply_and_demand
Today BNF closed below it’s major and wide demand zone @ 23000-22300 and it’s not a good sign. In the 2nd half, BNF failed to sustain above this zone so I took a short position in BNF and carried this trade when I got the confirmation that it is going to close below this zone.

Demand Zones
21400-21750
Supply Zones
22300-23000
Trade active:
STBT - Short @ 22800
Trade closed: target reached:
Booked 100% profit @ 21400 and 22550...

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Swapilchoksi
Bank Nifty: Supply and Demand Zones
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