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riticonsultancy
Feb 15, 2021 12:01 PM

Sell Banknifty tgt 35000 Short

Nifty Bank IndexNSE

Description

GAP 1 hour chart Of #Banknifty

Closing Rate Lower Rate Point Diff
1 36,108.90 36,405.10 296.20
2 35,344.80 36,340.75 995.95
3 33,089.05 33,583.15 494.10
4 30,565.50 31,032.70 467.20

Run Up Of #Banknifty

24/09/2020 20,404.90 15/02/2021 37,306.25 points 16,901.35 run up off 82.83%
28/01/2021 29,687.75 15/02/2021 37,306.25 points 7,618.50 run up off 25.66%

Comment

as said #banknifty touch the low higher end of the @36827 people who have taken position can hold with trailing stop loss at cost if it fill the gap it could achieve the tgt

Comment

first gap filled short trader can book profit and other can trail their stop loss

Trade closed: target reached

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