Bank Nifty perform channel break up, we can continue to set new long position on or above Classical support & resistance zone "CSR" at 24441 (250 points) OR Maximum Target 24849 (660 points) from CMP (24190).
Take long position for small time frame with limited risk due to geopolitical tension, Domestic trigger and stock results season.
If we are trend and chart follower, there is two patterns are Head & Shoulders which is break neck line at csr level 24441, another one Double Top which is hold neck line and trade above that means range bound (23900-24500). So Hold tight with as per your money management rule.
For New short position, we need to wait for one month and price will update based on market situation.
Future banknifty Active @24280-290 Stop loss 24230 tgt 24450-660-780
Trade closed manually
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Fut BN book full profit 2 24340-350
Spot book @ 24330-350
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Might be Strong up side...at the end of day or tomorrow..entry price will update..
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what a moment...24441..and sudden down..
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Since y'day i m watching very close why price not rise with respect volume ...something is there..so exit long position. three times missed this opportunities (booked small profit), need focus and learn more for best action.