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neerajlalwani081

#Banknifty Trade Setup For Monday (19th April)

Nifty Bank Index (NSE:BANKNIFTY)  
neerajlalwani081  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY tradesetup tradeanalysis breakout Bearish Trend Line downtrend
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trendanalysis chartpattern indicator banknifty tradesetup tradeanalysis breakout bearishtrendline downtrend
As you see in the chart there is the downtrend line and Banknifty still below the breakout.
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For tomorrow we follow simple Strategy.
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We will buy CE once Banknifty breaks 32682, before that we can follow sell on rise strategy.
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We will buy PE once Banknifty go down below 31690.
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So on tomorrow banknifty can go in upward because yesterday hdfc Bank declare the Quarter 4 Results.
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In gap up and gap down Opening, we will wait for the right time.
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You can give your suggestions in comment box.
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neerajlalwani081
Nifty Trade for 19th April (Monday)
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