IMPULSIVE_PROGRESSIVE_TRADER

BANKNIFTY! TRAINGLE PATTERN! FIBONACCI RETRACEMENT!

Long
NSE:BANKNIFTY   Nifty Bank Index
BankNifty views as follows:


1. No Trading Zone :: 36425 - 36508 (Strictly Don't Trade)
2. Upside Momentum :: If price crosses above 36508 level and stable for 15 minutes then GO LONG! (High Probability)
3. Downside Momentum :: If price crosses below 36415 level then take 2 pivots as a TGTs. (Low Probability)

Fibonacci retracement @36455- If this level sustain above 36455 then go long. However, long above 36500. SL should be below no trading zone.

As per my point of view; bullish momentum in BankNifty.

Anyone wants to learn price action please comments below.
Happy Trading! :D
Trade attivo:
Trade Active. Wait for retesting! BTST TGT done!
Trade attivo:
TGT1 done!

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