Bank Nifty is Set for a reversal. We can enter shorts in the range of 41450-550 with a SL of 41920. With a SL of 470 Points. Target is 36988. RR 1:9.5
Trade active:
Price opened at 41540. Inside our selling range. Trade active. CMP 41190. For a SL of 470 points, we have already made 350 points. Such setups with proper Risk management will be always in profits.
Trade closed: stop reached:
Price broke the range. Stopped out.