BankNifty may retest 18250 to 18950 23% - 38% Fibonacci retracement levels before it's further course. Chart explains everything.
Can go long.
Entry : CMP
Stop Loss : 17250 (SPOT)
Target 1 : 18250 (SPOT)
Target 2: 18900 (SPOT)
Can go long.
Entry : CMP
Stop Loss : 17250 (SPOT)
Target 1 : 18250 (SPOT)
Target 2: 18900 (SPOT)
Note
SPOT 17900, booking 50% profits here.Note
Trailing Stop at 17625 for remaining 50%Trade closed: target reached
Closing Positions being conservative at SPOT 18150Note
Target of 18250 achieved too!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.