Nifty Bank IndexUpdated 19 Jun 2017 : Bank Nifty :: It was a Mistake!
23 Jun 2017 :: Bank Nifty
I was failed on HH level (Price rejection area) because i feel didn't made new high with respect of previous high, but i forgot previous trend line Higher low then bank nifty hit new high that time keep as per risk rewards ratio and by luck bank nifty hit target 23477-577, booked 1 lot profit at 23530, 1 lot carry on (short 23770). Bank nifty still in up above 23311, once breakdown it will convert into down trend in short term.
I was failed on HH level (Price rejection area) because i feel didn't made new high with respect of previous high, but i forgot previous trend line Higher low then bank nifty hit new high that time keep as per risk rewards ratio and by luck bank nifty hit target 23477-577, booked 1 lot profit at 23530, 1 lot carry on (short 23770). Bank nifty still in up above 23311, once breakdown it will convert into down trend in short term.
Trade closed manually
Take profit at 23575-620, which is 1 lot bank nifty short @ 23770.Note
Above 23311 buy trend and alert for book profit at HH.Note
i will try to exit 23650-750-850 with partially then wait and watch till new high if possible instead rejected area will short.Note
Exit all buy position.If Pre Market is positive or negative will try to exit. Got again short divergence. May be deep correct approx 500-800 points, will take support 22500-22200
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