Saturday, 29 October 2016

BANKNIFTY TRENDLINE TRADING





Bank nifty was trending down from the new high made now. it has successfully broke the Trendline and confirmation come when the test of the same was acknowledged by a hammer candlestick pattern. now can test the highs of the minor channel running.

CMP 19555
SL    19252
Target 20300
Reward 745
Risk 303
ROR 2.5  


Disclaimer: All the views shared are for educational purpose and my self improvement purpose from other senior traders. if you find any scrip interesting plz do your own analysis or consult SEBI registered financial advisors before taking trading decision. 

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