kharsh23

Consolidation

NSE:BANKNIFTY   NIFTY BANK

BNF will be in consolidation for few days (at least 1 week),
before Upward move it will touch the previous trend line or 20400 support, hold your money, take small qty PUT near to 21000,& call near to 20450, If it moves below 20300 PUT is absolute, & above 21000 call is absolute.
Trade active: As BNF is in consolidation, look for bullish engulfing as it is the pattern appears 90% of time when bigger moves start....
save the money for bigger bet.........
Trade closed: target reached: it took time but yes target achieved

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