Currently the old trendline is acting as good support. Lets wait and see what happens next. Regareds, tRex Jurassic Park
Build Short Postions in Bn in the range of 22150-22300. In the current upmove i expect BN to top out at around 22300. One can go short at these levels with an sl at 22500 for target 21000 ( positional). This is a long term trade, expecting it to retrace to 21000 levels in the next 20 trading sessions.
Here is my BANKNIFTY analysis. Please use it as a reference for your trades!
ENTRY DETAILS: PAIR: USD/JPY -0.23% ORDER: SELL ENTRY : 20594.10 STOP LOSS: 20712.99 TAKE PROFIT : 20423.51 R:R = 1.4
Will Bank Nifty follow the Nifty way to fill the existing GAP ? If yes, then bear will takeover the Bank Nifty also. Trade: Short below = 18797 Target 1 = 18709 Target 2 = 18552 Target 3 = 18440 Stop Loss = 19002 Reward Points = 540 Risk Points = 205
Ascending Triangle formation on LICHSGFIN. Buy above 528 Target - 534