BankNifty may retest 18250 to 18950 levels before it's action
Updated
BankNifty may retest 18250 to 18950 23% - 38% Fibonacci retracement levels before it's further course. Chart explains everything.
Can go long.
Entry : CMP
Stop Loss : 17250 (SPOT)
Target 1 : 18250 (SPOT)
Target 2: 18900 (SPOT)
Can go long.
Entry : CMP
Stop Loss : 17250 (SPOT)
Target 1 : 18250 (SPOT)
Target 2: 18900 (SPOT)
Note
SPOT 17900, booking 50% profits here.Note
Trailing Stop at 17625 for remaining 50%Trade closed: target reached
Closing Positions being conservative at SPOT 18150Note
Target of 18250 achieved too!
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