Sanjan91

Long bank nifty above 35430

Long
Sanjan91 Updated   
NSE:BANKNIFTY   NIFTY BANK
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.
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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