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Nifty Bank Index
Long

Banknifty Chart Pattern Analysis

By dasarijit245
Updated
Banknifty Chart Pattern Analysis
Probability is to take support near 43100
Bulish SIgnals--
1 Accesding pattern is very popular for bulish signal
2 USD INR trends Down
3 FII data-Net Purchase activity shown
Still its believe that breakout for high after taken a valid support

BANKNIFTY
    Note
    Tomorrow is Expiry of Weekly and 1st Day of December
    Mind will conscious for trader life
    Every trader carry profit after placing and choosing their SL.
    Trade closed: target reached
    When I saw the level below 43300 cross ---Enter in the Trade for option hunting buy OTM 43000 PE @ Rs10/- with bracket order target 35/- .... hit this very soon
    I exited ... After that its very crucial market to observe and find trade
    Suggested everyone Not To Trade--There was so much risk..
    Its Happened. Many person booking lose for over trading so please avoid.
    Happily booked and store the profit
    BANKNIFTYbankniftyanalysisbankniftylevelsbankniftypredictionbankniftytradingbankniftytrendChart PatternsintradaytradeoptionoptionstradingTrend AnalysisWave Analysis
    dasarijit245
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