TradingView
theTradingSailor
Mar 31, 2021 4:27 AM

KOTAKBANK Short

NSE:KOTAKBANK15
KOTAK MAHINDRA BANNSE

Description

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Shorted @ Cmp

SL/ TGT as marked

NOTE: This is only my view - not any kind of advice. Use your prudent knowledge prior entering the trade.

Comment

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Let a 5 min Candle close below 1761 - then only enter.

Wait for entry.

Comment

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mistyped the post in speed - I have still not entered.

Awaiting entry.

Comment

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Still not entered - looks like an upmove- breaking and closig above S1 it will go till R1

Trade active

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Shorted @ 1760.9

Comment

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SL above 1771 (about 10 points)
TGT 1745

Comment

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high vol sell is coming on the way.. :)

Comment

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There may be a retest to levels 1758-1761 - can add some more quantity on shorting if the retest fails.

Comment

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1:2 Risk reward now. Traders may exit here 1745-1748 anywhere is ok.

Note I am on fut trade so spot levels are a good guidance only - cant be exactly on the value.

Trade closed: target reached

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Tgt done.

I had traded 2 times one lot each.
Avg sell price- 1759
Avg Exit price- 1749

Had problem in system and couldn't post any updates here using tv app.
Trend AnalysisChart PatternsKOTAKBANKshortingnseBANKNIFTY
Comments
theTradingSailor
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tgt of 1745 achieved. :)
theTradingSailor
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As said there may be a retest to levels 1758-1761 - shorted again on a 5 min candle and again fall. This time made a low of 1746.05.:) .

2nd entry i made at 1756-57 levels and exited at 1748. That's all for today, shutting down my system as error on posting in the trading post still persists.

I will update on the post once its ok and back to normalcy.
theTradingSailor
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unable to type the comment in the trading post, I have exited my fut lot @1750-1751 spot
I m some error in my post, unable to update
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