TraderRahulPal

Short Banknifty from here Intraday level 08/02/2023

Short
NSE:BANKNIFTY   Nifty Bank Index
Bank nifty is looking bearish on chart,, head and shoulder has been form on top so we can see some downside in it,,but again today was a MPC day still market can be very very volatile according me, According to market seems it was not that much good today's meeting, so we can see some downside levels from here,,take a short trade from this level 41596 and keep stop loss 41800 and go for target down side 41325 and if this level got break then we can move below 41150 also,,so go for both target with strict stop loss.

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Comment:
Awesome bank nifty made low 41445,,,we are already up 150 points,,,keep use trailing stop loss for further downside.
Trade closed: target reached:
Woh woh woh....we done our first target bank nifty made low 41252,,,we had short from 41596..we have eaten 330+ points wow what a trade...awesome hope everyone had made profit in it,,...please like and follow me for more trade like this..
Thankyou

Best Regards,
Rahul Pal
(Full Time Trader & Investor)

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