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inspire_Chethan

BANKNIFTY BEARISH DIV 01 JUN 2020

Short
Nifty Bank Index (NSE:BANKNIFTY)  
inspire_Chethan  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Technical Indicators Wave Analysis BANKNIFTY Divergence
5
0
trendanalysis indicator waveanalysis banknifty divergence
As explained on the above chart a clear 5 wave structure can we seen and noticed Bearish Div on 1hr TF.

I am short personally. The view is positional not for day trading.

SPOT : 20030
STOP LOSS : 20225
T1 : 18663
T2 : 18300

My personal trade is as follow :

BUY 20000 PE @ Rs. 440
SELL 19500 PE @ Rs. 240

Max Risk Rs. 200

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