Banknifty forming bearish harmonic bat, with strong negative div in wave5
Can retrace 38.2% to 50% of cd leg
Trade hedged with 46500 call long and fut short
Can retrace 38.2% to 50% of cd leg
Trade hedged with 46500 call long and fut short
Trade closed: target reached:
banknifty retraced more than 61.8% so far
gave 1500 points sell off in just 2 days after post
can book 75% shorts and hold rest with 45200 for 100% retracement of cd leg
gave 1500 points sell off in just 2 days after post
can book 75% shorts and hold rest with 45200 for 100% retracement of cd leg