Banknifty for Jan 12 expiry
Banknifty has formed inverted Head & Shoulder in 15/30 min Time Frame.
I'll be entering long once the neckline is broken.
Entry: Any closing in 15/30 min above 42750
Target: 1st taget -- 43150; 2nd target -- 43500
SL: Any 15 min candle closing below42500
One can look for conservative entry at the retest of the neckline after breakout.
I'll be entering long once the neckline is broken.
Entry: Any closing in 15/30 min above 42750
Target: 1st taget -- 43150; 2nd target -- 43500
SL: Any 15 min candle closing below42500
One can look for conservative entry at the retest of the neckline after breakout.
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