raghavendrakumart

Banknifty long

Long
NSE:BANKNIFTY   NIFTY BANK
2
Wyckoff Consolidation pattern - awaiting for huge upmove.
Comment: Test of 7 spring. 8 rest, 9 jump, 10, 11, 12 to follow
Comment: 8 test going on..once done..price should follow 9 jump....10, 11, 12.
Trade active: After the 8 test at 17600...price complete the consolidation pattern and on track ..of a huge upmove . Covered 1400 points already. Holding 18860 aggresively and 18600 conservatively expect more upsides
Trade closed: target reached: A 1700 point rally from the Wyckoff consolidation pattern lows.
A clean 5 wave completion...

Trading idea closed.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.