Banknifty Short Term Consolidation(2-3 Sessions)

2018年6月10日

In 4 Hour CandleStick Chart , banknifty tested resistance of 26700 and pulled back.
In 1 Day CandleStick Chart , Banknifty formed Shooting star + Doji Pattern.
This can lead to mild Consolidation for some session.

On Monday(11-06-2018) if Banknifty trades negative for 1-2 hours , then Short with target placed around near term support 26075.

If Trades Positive then don't take Short trade , before initiating long wait of 26700 Breakout for 27100 Target.

2018年6月11日

取消訂單

Did not take trade, since initial half of day nifty traded positive.
Will Update more on banknifty later once nifty takes proper Direction.