BankNifty is a buy on dips
Updated
Shorting BNF might be a mistake. Trend is still up though some correction after touching the all time high is inevitable.
Shorting opportunities might be available for intraday, but do not carry trades overnight.
Don't trade if you are not sure. Please refer to the chart for levels and I will be happy to answer any questions.
Disclaimer: I know there is lot of money to be made in the market, but greed and fear can end the show before it starts.
I am a 2hr per day trader and deal in Futures, Options as well as Cash segment. Follow for more.
Hope is not a strategy, so use common sense!
Shorting opportunities might be available for intraday, but do not carry trades overnight.
Don't trade if you are not sure. Please refer to the chart for levels and I will be happy to answer any questions.
Disclaimer: I know there is lot of money to be made in the market, but greed and fear can end the show before it starts.
I am a 2hr per day trader and deal in Futures, Options as well as Cash segment. Follow for more.
Hope is not a strategy, so use common sense!
Trade closed: target reached
All levels were activated at the top and after a fall from 38127 level, the move was magnificent. Reversal was the result of huge short covering.Trade active
Buy trade activated today at the top range of buying zone. Let's see how it plays on Monday.
Disclaimer
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