Banknifty Long Volume based trade @21485

Why long above 21485
See chart:
1. Price Channel confluence breakout with support
2. Rate of change of price is positive, and sign of retracement from channel
3. Their are Volume spikes with price stablization above bull candle of 18th June 2020

Trade Setup
Buy@ 21485
Target @22785
Stop @ below a day candle close below, 20715


*Strictly for educational purpose,
*trade on your own risk

About Me:
Hi I am Ankit,
I am a lifetime student of Finance,
I have done algorithmic trading certifications from University of Oxford, and am pursuing MS in Quantitative Finance, from University of London.

Being an Indian, I am researching, leaning, analysing and trading over:

• NSE Equity Cash Market
  
• CRYPTO Market
  
• NCDEX Agri Commodity Market
  
• USDINR Currency Market
  
• Gold-INR Bullion Market
  
  

I always try to explain my trade findings graphically, mathematically, quantitatively and personally if required!

If you want to learn with me or ask some of your queries, I am always hoping to help you,

I can help you with :
Understanding Trade Setups The right Way
Positioning your Trades and Risking your capital
Expectations Vs Risks and how they perform together
Learning the path for profits, Intensive self study, with proper guidance and materials
Understanding of Coding ability required for algorithmic trading (for people who have good cognitive skills and want to level up with technology)