IIT-Trader

BANKNIFTY--Manipulation

IIT-Trader Updated   
NSE:BANKNIFTY   Nifty Bank Index
The Bank nifty Index is in consolidation for a long time and today moved to upside...
If this is a manipulation move or retracement move to enter for short side....
Then it will be bearish...Keep safe...
Comment:
Don't go long...Consolidation + opens gap up chance of reversal...wait for short side...
Comment:
Enter long on break targets of 45200
Comment:
Enter on short side...
Comment:
44500 level may take the price up....be safe....
Comment:
After our entry there is some consolidation...take care...
Comment:
Incase entry triggered reduce the risk....keep sl above trendline....
Trade closed manually:
Comment:
will see in the next session.

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