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vanathi
Mar 16, 2017 2:20 AM

Bank nifty - New high! Long

Nifty Bank IndexNSE

Description

Daily chart of banknifty shows an inside bar formation. On breaking 21274, price will move towards 21400. Banknifty is buy above 21200 with the stoploss of 21150. Targets are 21300 and 21400.

Trade active

21200 on 3/16/17. today's low is 21195

Trade active

Come on banknifty, hit my stoploss if you are brave enough!!!

Trade closed: stop reached

Banknifty reached my first target, then hit the stoploss. Will it move in range?
Comments
venkaticr
Yes. it touched and bounced. Now i thing it is going up.
vanathi
@venkaticr, Yes, bn afraid of me :)
Teflas
futures rate or spot? please clarify
vanathi
@Teflas, spot
Teflas
@vanathi, thanks
vanathi
@Teflas, Trade with care on banknify during expiry...
Teflas
@vanathi, ok please,just watching,saw late
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