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NSEBOXTRADER
Jun 14, 2023 9:43 AM

BankNifty still looks Weak  Short

Nifty Bank IndexNSE

Description

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.

Comment

Adjusted SL to 50 points away from Entry.. Now Zero Risk Trade

Trade closed manually

Exited with 520 Points in the Bank :)
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