Is 1:1 for Bank Nifty -- still intact? Long

Nifty Bank IndexNSE

Descrizione

⋅ 13 giu 2017 05:20

Bank Nifty retested the support area twice and bounced nicely. You can try long.
SL 23430
T1 23680-23690
T2 23830-23840

# Wait for better entry point if you already missed the trade. Read my previous post on how to play pullbacks for better understanding

Never risk more than 1-2% of your capital on a single trade.
Thanks.

Commento

⋅ 13 giu 2017 05:38

For those who love to play on 15 min. timeframe.

A inverted H&S pattern can also be seen on 15 min. chart.

Commento

⋅ 13 giu 2017 10:11

Touching the support area again and again may also weaken the support.

Commento

⋅ 14 giu 2017 06:46

This might be the larger ABC type correction.

Commento

⋅ 14 giu 2017 08:56

Commenti

jaysingh123

⋅ 13 giu 2017 06:07

Sweetspot worked

jaysingh123

⋅ 13 giu 2017 06:06

Thankyou so much. Already made nice profit in the morning itself.

Bravetotrade

⋅ 13 giu 2017 06:09

@jaysingh123, that makes me happy :)

AMBRISH

⋅ 13 giu 2017 05:47

I for got to mention your view are crystal clear.

Bravetotrade

⋅ 13 giu 2017 06:01

@AMBRISH, thank you so much.. Such comments do motivate.

AMBRISH

⋅ 13 giu 2017 06:04

@afraidToTrade,When you post your views with levels it helps to trade .

Bravetotrade

⋅ 13 giu 2017 06:11

@AMBRISH, right, but learning is equally important.

Raj10

⋅ 13 giu 2017 05:45

Head and shoulders and ABC pattern.. Definitely there s a pull back.. Good detailed explanation

Bravetotrade

⋅ 13 giu 2017 05:47

@Raj10, Thanks

AMBRISH

⋅ 13 giu 2017 05:42

thanks,

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