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Bank Nifty - Next Move - ( cont.)

Oleh msk_analysis
Diupdate

this is in continuation with the earlier idea

Bank Nifty - Next Move


BNF today was difficult but eventually completed the target of testing 50 DMA

two possibilities now from here
  • reverses from 50 DMA
  • tries to test the unfilled GAP nearby


I would be taking OTM options of 33900 PE as expect a GAP down, in whichever case if it reverses or if it falls will exit the overnight positions by 9:17 AM tommorow


Happy Trading
MSK
Trading ditutup: target tercapai
What a move - in spite of global market doing well BNF still managed to come to unfilled GAP - awesome
Chart PatternsSupport and Resistance
msk_analysis
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