Nifty Bank Index

Long

Banknifty October 12 and 13.

Updated

Expecting banknifty to go up.

Note: Risky.

T1 - 29350
T2 - 28600

Trade active

Target 1 - Achieved.

Note

Banknifty reached the first target of 28350.
But It was not able to go beyond 28500 today.

I am still holding it and let's see how it goes in the upcoming days.

It has formed a double top near 28500 and the neckline is near 27730.

Trade closed: target reached

Target 2- 28600. Reached.
Closing my positions

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