Banknifty forming double top(M pattern)
Buy above 44005(39900 CE) Target 44132, 44282, 44395,44468
Sell below 43814 (43900 PE) Target 43691,43579,43465.
if banknifty opens a gap up it can open at 44044
If banknifty opens gap down then it can 43784
most probability is banknifty might open flat and possibility it can go up to 43691 level and take support from there.
Buy above 44005(39900 CE) Target 44132, 44282, 44395,44468
Sell below 43814 (43900 PE) Target 43691,43579,43465.
if banknifty opens a gap up it can open at 44044
If banknifty opens gap down then it can 43784
most probability is banknifty might open flat and possibility it can go up to 43691 level and take support from there.
Note
Exactly bounced before our entry level. If it breaks 43814 we can see good fall till 43692Trade active
Tarde triggeredNote
Entered at 356 and now it is at 388Note
we are close to our target 1Note
we are getting rejection on Target 2.Note
we reached all 3 targets and reversed exactly from our 3rd targetTrade closed: target reached
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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.
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.