Nifty Bank IndexShort
BankNifty Short: Stunning 1230 Points Profit!
BankNifty presented a textbook short trade opportunity on the 15-minute timeframe. A decisive bearish trend emerged after breaking below key levels, with the Risological Swing Trading Indicator confirming the entry. The trade resulted in a massive 1230-point profit as all targets were achieved.
Key Levels
BankNifty Trend Analysis
The price action demonstrated consistent respect for the Risological Dotted trendline, confirming a strong downward momentum. After the short entry at 51105.60, the price plummeted swiftly, breaking through all support levels. The consistent selling pressure ensured that all profit targets were hit with high precision.
Conclusion
This trade on BankNifty is a prime example of the power of the Risological Swing Trading Indicator in capturing significant moves. A well-defined risk-to-reward setup and adherence to the trendline ensured maximum profitability with minimal risk.
Key Levels
- Entry: 51105.60 – Short trade initiated after a clear bearish signal.
- Stop-Loss (SL): 51243.65 – Strategically placed to protect against unexpected reversals.
- Take Profit 1 (TP1): 50934.90 ✅
- Take Profit 2 (TP2): 50658.75 ✅
- Take Profit 3 (TP3): 50382.60 ✅
- Take Profit 4 (TP4): 50211.95 ✅
BankNifty Trend Analysis
The price action demonstrated consistent respect for the Risological Dotted trendline, confirming a strong downward momentum. After the short entry at 51105.60, the price plummeted swiftly, breaking through all support levels. The consistent selling pressure ensured that all profit targets were hit with high precision.
Conclusion
This trade on BankNifty is a prime example of the power of the Risological Swing Trading Indicator in capturing significant moves. A well-defined risk-to-reward setup and adherence to the trendline ensured maximum profitability with minimal risk.
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- Get FREE daily stock pick alerts
- Accurate Entry, Stoploss and Take Profit levels
- NO Repaint
- Detects Sideways Market
- Limited time discount available. HURRY!
- Supercharge your trading with > Risological.com
- Get FREE daily stock pick alerts
- Accurate Entry, Stoploss and Take Profit levels
- NO Repaint
- Detects Sideways Market
- Limited time discount available. HURRY!
- Get FREE daily stock pick alerts
- Accurate Entry, Stoploss and Take Profit levels
- NO Repaint
- Detects Sideways Market
- Limited time discount available. HURRY!
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