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Nifty Bank Index
Updated

BankNifty Intraday Trade Setup for 11th May 22

109
BANKNIFTYIf the 15 Mins candle closes above the parallel channel with some big move you can plan for a CE buying or you can short and buy PE
Trade active
34500 CE bought at 225
Note
245+

Actual trade should have got triggered at 200
Note
Easy 285+
Note
If sustains 290+ It can go upto 350
Trade closed manually
Exited at 285
Note
Current CMP is 270 (Safe Traders can book)
Note
Risky Traders can wait for Target of 350
Current CMP - 288
harshnisar45
BANKNIFTYbreakoutcandlecandlestickpatternChart PatternsTechnical IndicatorsNIFTYonegoodtradeparallelchannelsprofittrendTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BANKNIFTYbreakoutcandlecandlestickpatternChart PatternsTechnical IndicatorsNIFTYonegoodtradeparallelchannelsprofittrendTrend Analysis
harshnisar45

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.