Is 1:1 for Bank Nifty -- still intact?

Jun 13, 2017

Bank Nifty retested the support area twice and bounced nicely. You can try long.
SL 23430
T1 23680-23690
T2 23830-23840

# Wait for better entry point if you already missed the trade. Read my previous post on how to play pullbacks for better understanding

Never risk more than 1-2% of your capital on a single trade.
Thanks.

Jun 13, 2017

Note

For those who love to play on 15 min. timeframe.



A inverted H&S pattern can also be seen on 15 min. chart.

Jun 13, 2017

Note

Touching the support area again and again may also weaken the support.

Jun 14, 2017

Note

This might be the larger ABC type correction.

Jun 14, 2017

Note