Aim for 6-8%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 6-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
It is an...
1. Trading in the channel , will bound to go near the channel , 200 points down , will drag the bank nifty below levels in coming week
2. similar analaysis done for private bank , both the sectoral banks are short term bearish , will drag banknifty at lower levels
3. Since Private bank is at 200 EMA support will bounce and take banknifty up 500 points , in...
psu bank has given major breakout above 2669
can invest though by buying psubank bees
buy till 2181
target are 3447 : 4247
time frame : i am expecting 6 months
its also good for long term sip as major psu like canra bank sbi bank has given breakout and this index is made up of psu...