IIT-Trader

BANKNIFTY--Liquidity @43500

IIT-Trader Updated   
NSE:BANKNIFTY   Nifty Bank Index
Key level to watch is 42880 level...
if price breaks this level look for short side on retracement for targets of 42700,42400.
Keep in long side until this key level breaks..
On top side we have liquidity lies at 43500 level...after clearing the liquidity, chances of fallback...
so look for short side from this levels...
Comment:
Keep in long until price is rejected by 43250 to the downside..
Comment:
wait for breakout or breakdown.
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Enter short on break...
Trade active
Comment:
Comment:
It is in consolidation, might test the upper zone...keep safe..
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the 42880 zone may again push it upwards...keep safe...
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chance of upside is also possible....
Comment:
Maintain Strict SL
Trade closed: stop reached
Comment:
No short positions....

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