Risk-to-Reward Play - BANKNIFTY INTRADAY for 21NOV,19

Zaktualizowano
Hello everyone. Anyone who's following Zones and have any doubts, kindly mention them in the comments below. Will try to solve as much as possible.

Check historical ideas on my profile for examples
Uwaga
no trades so far
Uwaga
unlike yesterday, the offset with banknifty today is higher than expected. nifty can be traded. But I am avoiding bknifty for the time being.
Uwaga
cautious, BUY at Cmp with sl below zone.
Zlecenie aktywne
cautious, BUY at Cmp with sl below zone

snapshot
Uwaga
Sl under worse case for entry in the zone is around 10-12 points, more than 1:1 has already shown on the chart. but since its weekly expiry, iam going for atleast 1:2 or 1:3 or sl hit. May even give 1:5 or more.
Uwaga
Momentarily closed below the zone, also below the trendline and now back at it. Technically, sl of 12 points hit. That's how one trade the Zones, keep playing T20 until market says 'oh, lets make it a one day'.

Showed more than 1:1 on screen before sl hit and more than 1:5 after sl hit (under worse case scenario).

snapshot
Zlecenie zamknięto ręcznie
Uwaga
No more trades.
BANKNIFTYBeyond Technical AnalysisChart PatternsniftybanknsenseindianseniftyTrend Analysis

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