Bank Nifty appears to have completed its consolidation below the 200DMA and closed above the resistance with a bullish breakout above the triangle.
RSI(14) indicates a build-up in strength.
Target: 30800
SL: 28500
RSI(14) indicates a build-up in strength.
Target: 30800
SL: 28500
Komentar:
Uptrend appears to be intact.
Stop Loss should now be trailed up to 28900.
Stop Loss should now be trailed up to 28900.
Komentar:
Doji which is indicative of indecisiveness formed with higher high and higher low.
Bias remains bullish.
Stop Loss should now be trailed up to 29400.
Bias remains bullish.
Stop Loss should now be trailed up to 29400.
Komentar:
Stop Loss should now be trailed up to 29800
Komentar:
Stop Loss should now be trailed up to 30000.
Trading ditutup: target tercapai:
Banknifty witnessed exhaustion close to its target at ~30600 forming a hammer followed by a red day. Profits should be booked at this stage
SL remains at 28500.