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akshay1808
Jun 10, 2018 1:10 PM

Bank Nifty reaching 27250 level? Long

Nifty Bank IndexNSE

Description

Next bullish wave is forming for NSE:BANKNIFTY on Renko charts. Supertrend & Aroon crossover indicates a perfect time to enter in position on Monday. Although, Renko-Supertrend will give exit signal on their own. But, extrapolation of previous Renko Chart resistance indicates a rally till 27250 level which should be a good exit level.

Trade active

Bought BANKNIFTY JUNE CE 27200 @ 115

Trade closed: stop reached

Comments
Nayanstock
Hi Akshay,

Could you please help me on how to trade with renko charte and what will be the box size. I will be very much thankful to you if you provide me those info.
I-Fund-Trader
Yes its Moving , I agree with you,
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