BankNifty - Spectacular rally! Target achieved.
Atualizado
Posted 4 or 5 days ago when BankNifty was at 18300 -350 that it has given a buy signal & will race towards 19250-19300. What a ride, almost 1000 points locked in that too in 7 trading sessions. Now should take a breather and consolidate in 18900-19300 range but watch out for weekly closing above 19300-19350 then jump on board as it will rally further to 19750 & then 20500.
Nota
High possibility of profit booking here at 19275 levels ahead of BN weekly options expiry and big banks' results tomorrow. Tactical Short at 19272 Fut, Stop Loss 19310.Nota
Short worked 100 points fall in a flash. Wait for more, now weak hands are being taken out. Hypothesis of consolidation in 18900-19300 seems to be good for next few days.Nota
Kudos! 120 points booked on the short side.Nota
Be careful on the short side, BankNifty uptrend is very strong.Nota
Dream trade! started from 18300-50 went exactly in the zone 19200-300. Now coming back from there. Amazing! Thoroughly, enjoyed the ride.Nota
Dream trade! started from 18300-50 went exactly in the zone 19200-300. Now coming back from there. Amazing! Thoroughly, enjoyed the ride.
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