BUY IF BANK NIFTY CONTINUES MOMENTUM TOMORROW. TARGET 1-95.45 TARGET 2 101.80
SL-88.90.
The risk to Reward ratio looks favorable. Bank nifty will be in focus for the next few trading sessions.
As shown in Chart Fed Bank has given Cup and handle breakout in multiple time frame with very good volume ...
Levels are already mentioned in the chart.. Looks very good above : 92.50 for the target of 120+
Things to remember
1) Always wait for Confirmation, dont just jump in running candle
2) Condition for breakout is ... it should break the range with...
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
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Wait for entry setup, if available then Long/short.
R:R is 5 to 10 times.
