BANKNIFTY
Trading in ascending channel pattern, rejected thrice. Expecting potential breakout towards downside
Target - 39250, 39090, 38910
DISCLAIMER :
This idea is for educational purpose, buy/sell as per your risk management.
I always recommend to book 50% of the quantity at target 1 and keep trailing stoploss for remaining targets.
Maintain strict stoploss to minimize loss.
Idea is positional and only carry position on day closing basis.
Trading in ascending channel pattern, rejected thrice. Expecting potential breakout towards downside
Target - 39250, 39090, 38910
DISCLAIMER :
This idea is for educational purpose, buy/sell as per your risk management.
I always recommend to book 50% of the quantity at target 1 and keep trailing stoploss for remaining targets.
Maintain strict stoploss to minimize loss.
Idea is positional and only carry position on day closing basis.
Trade closed: target reached:
All target reached, low made 38850