subhagghosh

Bank Nifty Trading Strategy for 11th May'2020.

Short
subhagghosh Updated   
NSE:BANKNIFTY   Nifty Bank Index
I am bearish on BN until Bank Nifty holds above 20060 for an hour.

My downsize targets are 18500 / 17500 (levels are on the chart).

@@ Pivot Zone:- 19,475 - 19,597 Above +ve Below -ve

The rest of levels are on chart, enjoy trading.



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Trade closed: target reached:
Trade 1 :- Long above 19,597 with SL of 19,475 Lose:- (-122)

Trade 2 :- Short below 19,475 with SL of 19,597, BN closed at 18,950 Profit:- (+525)

Intraday Profit Point:- +403.

Future 1 Lot profit:- Approx 403x20 : 8060 Rs.

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