INSTRUMENT: BANKNIFTY
TIMEFRAME: 3 HRS
TREND: LONG
Expecting BANKNIFTY to give a gap up opening and clear targets of 21183 - 21457 and may sink back.
The stochastic and PSAR confirm the same.
Chances are that once it clears targets it may remain sideways for some time.
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
TIMEFRAME: 3 HRS
TREND: LONG
Expecting BANKNIFTY to give a gap up opening and clear targets of 21183 - 21457 and may sink back.
The stochastic and PSAR confirm the same.
Chances are that once it clears targets it may remain sideways for some time.
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
Trade closed manually:
Gapped up as expected. but did not clear the target of 21183. Expecting it may come back to 19800.