Dev2050

Banknifty trading idea cyper

Short
Dev2050 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Banknifty forming a Cyper pattern, Pattern XABC complete and C-D leg is in making.

According to the pattern, till 3rd Aug Banknifty can touch 328XX levels from CMP 35200....

Its a big 2500 move coming in next 20 days, plan your trade accordingly and keep making profits...

SL will be pattern high of 35820 in banknifty spot. Risk reward ratio is 1:4

Happy Trading :)
Trade active:
Shorting cmp 35525
Trade active:
Added one more future at CMP....Spot price 35715
Trade closed: stop reached:
Stop loss was gone in above trade setup at 35820
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.