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

13 thg 6, 2017

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.

13 thg 6, 2017

Ghi chú

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



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

13 thg 6, 2017

Ghi chú

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

14 thg 6, 2017

Ghi chú

This might be the larger ABC type correction.

14 thg 6, 2017

Ghi chú