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Banknifty - Long Set up. Tgt 24k

Long
Nifty Bank Index (NSE:BANKNIFTY)  
traders_pit Updated   
NSE:BANKNIFTY   Nifty Bank Index
Chart Patterns Technical Indicators Trend Analysis BANKNIFTY bankniftytrading bankniftyview
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chartpattern indicator trendanalysis banknifty bankniftytrading bankniftyview
Bank Nifty spot took support near important levels of 21000-20900.
A good buy zone.
With rising RSI on hourly chart and channel formation on daily chart, it's a good long with SL below 20900.
The near term target is 24000.
Comment:
Booked partially at 23k. Time for some consolidation before further up move.
Trade closed manually:
trailing stop loss based on trendline broken. exited the trade.
Trade active:
Bought again. Stop loss - below today's Low.
Trade closed: target reached:
Forgot to update that this trade was closed when BNF jumped near 24500
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