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Arunraj_07

BanKNifty - Medium Term Trade

Long
Nifty Bank Index (NSE:BANKNIFTY)  
Arunraj_07 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY bankniftytrend bankniftytradesetup bankniftytrading bankniftylong bankniftyview bankniftyoptions bankniftyanalysis
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trendanalysis chartpattern indicator banknifty bankniftytrend bankniftytradesetup bankniftytrading bankniftylong bankniftyview bankniftyoptions bankniftyanalysis
BankNifty broke out of consolidation followed by huge up-move which confirmed the up-trend. We have missed the ideal entry.
Entry given in chart is of fibonacci level which i am not sure if it will come.
Hence to re-enter wait for minor pullback.
Trade active:
Trade activated. Market opened huge gapup which is 50% retracement of Fibonacci level. Hence trade activated @ 24870. Target as mentioned is 26615.
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