BankNifty is trading in a range, and now it has taken support at lower range and also given a breakout of falling tredline in short term so we can assume a bounce back for 200-400 points in banknifty. So if anyone wants to go long from this levels can go right now it is trading at 39085 keep stop loss at 38875 and go for target 39300/39400/39500+. Chances are high for bounce back from these levels but still follow strict stop loss to take this trade.
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If anyone likes my work please like follow and comment.
Thankyou
Comment:
1st target 39300 done bank nifty made high 39326,,dekha na perfect trade milega always with small stop loss. Start booking profits.
Comment:
and i will suggest you too use trailing stop loss to sale on higher levels.
Comment:
Woo woo woo woo 2nd Target bhi done,,awesome start booking partial profits
Trade closed: target reached:
All Targets done