vanathi

Bank Nifty - Long

Long
vanathi Mod Updated   
NSE:BANKNIFTY   Nifty Bank Index
6
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!
Comment:
This week's error - 1. Human error of calculating bank nifty's movement speed.

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