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Nifty Bank Index
Short

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By vivekz_142
Updated
35134.65 is the level in spot . BNF may go down 300-400 points down today or till Monday. This is positional trade short 34900CE 15 july Or short future. Keep quantity 50%.
Note
don't panic till it goes above 35134.65, making price action
Note
entered the remaining 50% now after the price got rejected from the level. Keeping SL of 600 in 34900 15 Jul ce
Note
It was expected that the market will be range-bound after yesterdays trendy fall. No Sl and target hit will be taking quantity home . Let's what is in store for us on Monday. Will exit the trade only when SL or target is reached. See how it faces rejection whenever it tries to reach that level.
Trade closed: stop reached
BANKNIFTYbankniftytrendChart PatternsTechnical IndicatorstradesetupTrend Analysis
vivekz_142

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