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srikartiram

BANK NIFTY facing minor resistance reversal could give 700+ pts

Short
Nifty Bank Index (NSE:BANKNIFTY)  
srikartiram Updated   
NSE:BANKNIFTY   Nifty Bank Index
Chart Patterns Trend Analysis
2
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chartpattern trendanalysis
Bank Nifty is facing small resistance it can move up 200 pits and rejection from that level may pull the legs to 19300 levels.

Global news on corona , US data’s on employment, FII selling and few factors may add fuel to this burn.

Can buy 19300 PE in July expiry and let’s play safe.
Comment:
300 pts achieved today :) Hope next 2 days will touch the support level (target) and going to fire up side !
Comment:
Another profitable day, still market is giving us another day to trade this pattern for the 4th time consecutively.
Trade closed: target reached
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