NSEBOXTRADER

BANKNIFTY - SHORT

Short
NSEBOXTRADER Updated   
NSE:BANKNIFTY   Nifty Bank Index
The recent Steep Rise looks too good to be true and would need some cooling off.
Technical Analysis and a bit of Gann Sprinkled shows that there is a Potential fall of about 500+ points coming up shortly.
Let's wait.
Loaded a few Monthy PEs in BankNifty.
Trade active:
I'm expecting some more fall.
Let's see how it plays out
Comment:
Zero Loss Trade now in the FUTURES..
Waiting for a nice Pop in PEs
Trade closed manually:
Something else came up.. Closing This manually. 200 points :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.