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Nifty Bank Index
Long

Bank Nifty - Long

By vanathi
Mod
Updated
Buy bank nifty 18050 with target 18200 stoploss 18000 https://in.tradingview.com/chart/QtD56IkU/
Trade active
Trade closed manually
Bank Nifty has already broken my trendline showing weakness. This trade is based on RSI positive divergence. An intelligent trader should have exited when price hits the trend line gaining 50 points. Lesson learnt!
Note
This week's error - 1. Human error of calculating bank nifty's movement speed.
vanathi
Mod
Role I play here : Moderator.
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