Bank Nifty: Apr19 view

2019年3月30日

- Bnifty has again penetrated into price channel which existed since Dec15
- Mar19 seems to be the best ever month for Bnifty

- Trend is clearly up on all time frames with strong momentum, PSU banks should take the rally forward now
- With same momentum target for Apr19 is 33500 i.e upper trend line of price channel

- 29790 is very strong support on daily basis, no positional shorts till it closes below 29790 on daily basis
- New position should be taken if it trades above 30500 at 10:15 AM on 1st Apr, SL for this position will be 30200

2019年4月2日

交易進行

Trade Active, if Hourly candle closes below 30200 then low of that candle will be exit point, will also initiate a short trade at that point.

2019年4月4日

交易進行

Yday initiated short position, current SL 30550. If Hit then will reverse position

2019年4月4日

交易進行

-SL revised to 30235, High of the hourly candle which closes above 30235 will be used to reverse the trade.

2019年4月8日

交易進行

if SL hit then will reverse the trade with SL of 29850