Chartist_micro

Bank Nifty Great Risk : Reward for Positional Traders

Short
Chartist_micro Updated   
NSE:BANKNIFTY   Nifty Bank Index
1. Banknifty is showing bearish sign over the lower time frame.
2. Breakdown from the major trendline support.
3. Expecting A-B-C Correction here after completion of 1-5 Sub waves.
5. Great R:R Here.
Comment:
Updated Target Level
Comment:
Holding this positional in futures.
I see a great R:R here.
Comment:
Enjoy 200 Points Profit Lower the Risk & Move the stop loss to 31450.

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.