P.S. I am not a SEBI registered analyst. Consult your financial advisor before taking any calls. I will not be responsible for any profits or losses.
This setup is only for BankNifty and has not been tested on Nifty and is not recommended. Do backtest and if successful apply on Nifty. P.S. I am not a SEBI registered analyst. This is just my personal view and I will not be responsible for profits and losses.
BankNifty is repecting the triangle and breakout on both sides possible before 10-15 February. The levels have been drawn based on Fibonacci retracement and extension. Positional calls can be taken after breaking the triangle pattern on daily closing basis. BankNifty has shown bullish price action since last 3-4 sessions and the last trading session's loss can be...
Since there are many events lined up next week such as Indian Union Budget, European Central Bank Monetary Policy followed by RBI Monetary Policy we are in for a very volatile week which can give huge movements on both sides. Irrespective of the volatility traders can earn profits by playing through the levels and trailing the stoploss. I have marked different...