#BankNIFTY DOwntrend Movement with Risk:reward 3.1 Bank Nifty analysis Time frame 4 hours what is the analysis? Why downtrend? will analyze the conditions for a down trend First, we will check the moving average condition, then Volume and RSI.
Let us summarise the downtrend movement of Banknifty: Analysis is downtrend movement /sell a call with risk to reward ratio of 3.3 with SL 40431 and a target we can expect upto 36600
Hope our analysis is adding value to your TRADING JOURNEY N I WISH U a BRIGHT FUTURE IN TRADING. HAPPY TRADING. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
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