Buy Pending Bankbaroda 94.55/- Stoploss 91/- Target 98.10/-
Charts showcase some technical points which help me to rethink about this trade. with a changed entry,profit objective and unchanged stop loss
Totka used in Idea is called Reverse Fibonacci
Using the previous leg & measuring its 138.2% gave us the top 11117 - can we get the top again at 11320- no confirmation yet so only risky traders to take sell in 11300-11320
Note - Going above 11320 ( Sell call is negated - close all sell positions & out)
Plan A - Sell below 11265 on closing...
BANK NIFTY: WEEK-TECH-SHEET-> 7th January 2019 to 11th January 2019
Bank nifty moves around + 592.50 pips from7th January 2019 to 11th January 2019, in which bank nifty breaks last week 31ST December 2018 to 4th January 2019 top 27430.55
As mentioned on reference 4th January 2019 evening order
Bank nifty attained target 3, yet to attain target 4
Target 4: 28000
Bank of Baroda
Levels are mentioned in the chart
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