Long bank nifty above 35430
Updated
Bank nifty shows bullish run if it sustains above 35430. The first target area will be the supply zone and on breaking out the supply zone, trail profits until 36100.
Be absolutely sure of level 35430 and wait for the pullback before proceeding. Price above this sets the target as point D of bearish shark pattern XABCD.
Stoploss is placed on the previous swing high in 5 min timeframe.
Happy trading :)
This is not investment advice.
Be absolutely sure of level 35430 and wait for the pullback before proceeding. Price above this sets the target as point D of bearish shark pattern XABCD.
Stoploss is placed on the previous swing high in 5 min timeframe.
Happy trading :)
This is not investment advice.
Trade closed: target reached
Profit booking area reached yesterday, which was the supply zone. Looks like price may consolidate near the supply zone. Hope you had nice profits. :) Book your profits completely.
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