I got banned for posting short description :)
I'm back now.
Anyways, It looks like BankNifty is Weak. Traditional Technical Analysis shows a break and retest, however, GANN Analysis along with basic Price Action shows that there is a good potential to get about 500 Points on the downside.
I'm back now.
Anyways, It looks like BankNifty is Weak. Traditional Technical Analysis shows a break and retest, however, GANN Analysis along with basic Price Action shows that there is a good potential to get about 500 Points on the downside.
Comment:
Adjusted SL to 50 points away from Entry.. Now Zero Risk Trade
Trade closed manually:
Exited with 520 Points in the Bank :)
