Parjun

Bank Nifty Short!!!

Short
NSE:BANKNIFTY   NIFTY BANK
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2
Short Bank Nifty at CMP 19156 for target 18800 with sl at 19257.
Trade active: This is purely a short term trade with the maximum time period of 2 trading sessions including today. Incase target has not been reached by close of market on friday jan 27th please exit this position even if Sl hasnt been breached.
Trade closed: stop reached: Close Trade as Stop loss hit.

Comments

Wrong on multiple levels.
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Parjun dravya
@dravya, How about commenting on the trades i get right too ? Thanks anyway.
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dravya Parjun
@Parjun, I don't follow each of your chart. This was trending, it doesn't matter whether it went to SL or target, the point is that the methodology is wrong. Thanks. Wish you the best.
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Parjun dravya
@dravya, Most trades are counter trend trades based on when i feel there's likely to be a reversal. This wrong methodology has fetched me 300+ Nifty points and 1000+ Bank Nifty points this month alone. So i think il stick to being wrong for now.
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Risky trade!
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Parjun vanathi
@vanathi, Yes mam but risk to reward ratio very good with only 100 point sl and target close to 400 points away.
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