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.
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.
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Touching the support area again and again may also weaken the support.
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This might be the larger ABC type correction.
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JJ Singh
Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
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Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
A Free Education channel
🚀Tweet at twitter.com/JaySingh_2020
A inverted H&S pattern can also be seen on 15 min. chart.