traders_pit

Bank Nifty ready for long with SL below day's low

Long
traders_pit Updated   
NSE:BANKNIFTY   Nifty Bank Index
Current stabilising RSI and chart pattern on 30 min chart shows that Bank NIfty is a good long candidate for 150-200 point upmove.
CMP is 29269. SL is below day's low.

Comment:
High made 29352, Update SL to cost.
Comment:
High 29374, partially booked rest SL 10 points above cost.
Trade closed: stop reached

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