Symmetric Triangle on Bank Nifty and it may break either side. BNF having limited upside due to EMA 50 lying on near to 18395, so price trend is downside. However, this triangle may break either side. "Safe Trade"
Trade (Spot Price)
Long:
Buy above - 18335
Target - 18395
Stop Loss - 18285
Reward Points - 60
Risk Points - 50
Short
Short below - 18280
Target 1 - 18225
Target 2 - 18185
Stop Loss - 18335
Reward Points - 95
Risk Points - 55
-Happy Trading-
Trade (Spot Price)
Long:
Buy above - 18335
Target - 18395
Stop Loss - 18285
Reward Points - 60
Risk Points - 50
Short
Short below - 18280
Target 1 - 18225
Target 2 - 18185
Stop Loss - 18335
Reward Points - 95
Risk Points - 55
-Happy Trading-
Trade ativo
Comentário:
Broken on downside...
Comentário:
Short call activated...
Trade ativo:
Target 1 - 18225 Achieved
Trade ativo:
BNF heading to final Target of 18185
Trade fechado manualmente:
Target 2 not made today... Closing my recommendation.