Trade-Technique

2-scenario on BANKNIFTY, Which one is for you?

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NSE:BANKNIFTY   Nifty Bank Index
I have plotted here 2-scenario where BANKNIFTY can move beside.

What are the points to confirm the direct?
The following points should be considered while taking action.
  • find the where are low risk (stop loss) and higher target
  • down-side more preferable to keep our trades presently.
  • control price will give you hit and more accuracy to trade here.
    etc.

Hit LIKE button for understanding more and ALERT you.
Komen:
As expected downward move started by NIFTY and bank nifty. For short selling should keep stop loss as today high.
Komen:
Exactly, Nifty started to fall. :)
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